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by canucklady 1320 days ago
Where do you get an accurate valuation for spacex equity? Isn't it private and heavily dependent on government contracts? Hasn't musk said he doesn't care about it being profitable because he needs to get someone pregnant on mars to save humanity?

Taking a year of parental leave is just a normal thing in most developed countries.

1 comments

The company's value is determined each funding round, based on how much investors are willing to pay. Whether you consider that accurate or not, the company provides some liquidity through tender offers. https://finance.yahoo.com/news/spacex-employees-offer-sell-s...

There's also secondary markets, where people are willing to pay a premium for any shares they can get their hands on. That's not in the company's best interest, though, and so it is discouraged.

I believe Elon needs SpaceX to be incredibly profitable in order to fund his Mars ambitions. I think his point is that the company's finances are a means rather than an end?

I'm not bragging about paternity leave, I was responding to the parent post's claim that I sacrificed quality family time and would regret it. The opposite is true; my time spent working there has had a compounding effect on my finances and career opportunities. I've had the luxury of working on my own terms for many years, on meaningful projects intrinsically worth my time. My memories of working at SpaceX grow fonder with age.