SpaceX, Tesla and stock
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STARBASE, South Texas: Elon Musk on Monday (Dec 15) became the first person ever worth US$600 billion, Forbes said, on the heels of reports that his SpaceX start-up was likely to go public at a valuation of US$800 billion.
Elon Musk on Monday became the first person ever worth $600 billion, Forbes said, on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800 billion.
Elon Musk has officially become the world's first person to reach a net worth of $600 billion, Forbes reported Monday, fueled by plans for his SpaceX startup to go public with an $800 billion valuation.
A Tesla patent hints at potentially working with Starlink in the future. Here's how two Elon Musk connected companies could work together.
A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year.
The Tesla, SpaceX and X boss says he wouldn’t try it again after seeing what his political foray did to Tesla's sales and image.
The theory is that a SpaceX ( SPACE) IPO changes the Elon Musk-Tesla premium dynamic. "The main concern would be if retail and institutional investors who invested in Tesla for exposure to Musk decided to spread their bets across the two companies. If so, that could take some shine off Tesla’s valuation," he wrote.