Musk discloses 48.4% stake in SpaceX in regulatory filing
Elon Musk held a 48.4% stake in SpaceX as of June 30, a regulatory filing showed on Thursday, valuing his holding at more than $900 billion at current market prices. The rockets-to-AI company went public on June 12 after a record-setting IPO that raised $85.7 billion and vaulted the company’s market cap past $2 trillion. However, its valuation has since retreated as enthusiasm faded. Musk owns…
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