Elon Musk's $1.4 Billion SpaceX Stock Purchase Fuels Pre-IPO Speculation and Control Strategy
Elon Musk reportedly purchased $1.4 billion worth of SpaceX stock from employees last year via a family trust, significantly increasing his stake. This major pre-IPO move aims to solidify his control. A new performance-based equity grant tied to a future multi-trillion dollar valuation was also revealed, sparking intense speculation about the company's worth.
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