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and? Are you implying that Elon doesn't own the 80B spacex got from the IPO?
by brazukadev 3mo ago
and? Are you implying that Elon doesn't own the 80B spacex got from the IPO?
- rogerrogerr 3mo agoI am implying that because it is true. SpaceX owns the $80B. Elon owns stock in SpaceX. The IPO was a primary offering in which SpaceX issued new shares and received the proceeds. If Elon had personally sold shares, the prospectus would have identified him (or other selling shareholders) in a secondary offering. It doesn’t.
- brazukadev 3mo ago> Elon owns stock in SpaceX. He also owns SpaceX management and its assets.