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by rogerrogerr 10 days ago
Musk's shares are locked up for a year.
1 comments
brazukadev 10 days ago
and? Are you implying that Elon doesn't own the 80B spacex got from the IPO?
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rogerrogerr 10 days ago
I 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.

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brazukadev 10 days ago
> Elon owns stock in SpaceX.

He also owns SpaceX management and its assets.

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