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In early 2012, approximately two-thirds of SpaceX stock was owned by Musk [41] and his seventy million shares were then estimated to be worth $875 million on private markets, [42] valuing SpaceX at $1.3 billion. [43]
SpaceX finally chose a testing site at McGregor, Texas that was previously owned by the bankrupted Beal Aerospace. To save time, employees from the California headquarters would fly there on Musk's private jet .
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and U.S. special Government employee, best known for his key roles in Tesla, Inc., SpaceX, and his ownership of Twitter. Musk is the wealthiest individual in the world; as of January 2025, Forbes estimates his net worth to be US$426 billion.
And as Axios explained, Starlink is the main driver of SpaceX’s valuation. “Musk is selling insider shares of his SpaceX firm — those are shares currently held (owned) by early investors ...
Elon Musk’s X may be flailing, but another company owned by the billionaire is on track to reach dizzying heights. Musk is in talks to sell between $500 million and $750 million of SpaceX stock ...
(Reuters) -Elon Musk-owned SpaceX's surging revenue helped it turn a small profit in the first quarter of 2023 after two annual losses, the Wall Street Journal reported on Thursday, citing documents.
Elon Musk is a businessman known predominantly for his leading roles in the automotive company Tesla, Inc. and the space company SpaceX.Musk is also known for his ownership of technology company X Corp. and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Musk founded SpaceX in 2002, and it was valued at about $350 billion during the latest round of staff share purchases. Musk is worth an estimated $455 billion, per the Bloomberg Billionaires Index ...