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by IncreasePosts 236 days ago
SpaceX isn't public, but has raised money at a $400+B valuation and Musk owns 42% of that.

I have no argument about limiting anyone's money. I'm just wondering if there is a (real, useful) feat he can pull off now with $500B, but that he couldn't do with a mere $200B.

1 comments

> SpaceX isn't public, but has raised money at a $400+B valuation and Musk owns 42% of that.

The company raised money? I could not find any article that states that, only some rumors about the intent to do so.

Regardless, when company raises money its company's money, not Elon's.

I would assume that aggressive scaling of rocket building capabilities would require capital, but I have no idea what is the figure needed for that.