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And yet today that's exactly what he said he's going to do (though he hasn't disclosed the price of the private interest he's selling, only a rough estimate of
by vannevar 8y ago
And yet today that's exactly what he said he's going to do (though he hasn't disclosed the price of the private interest he's selling, only a rough estimate of the total proceeds). Musk disagrees with your math though; he expects to buy 1/3 of the shares, not 12%. But I'm sure he hopes it will be less. And of course he's not doing it all himself. He'll have shares left, he's just going to have to take a haircut.