SpaceX Tender Offer Rockets Elon Musk
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“Elon Musk is now personally worth 7,400,000 BTC,” Burnett wrote, adding, “The fastest way for Elon to hit $1 trillion would be to begin buying BTC in size. And he can continue using that capital as collateral to build space and AI companies, while the collateral continues to appreciate measured in USD.”
Elon Musk’s wealth has reached a new high, topping $600 billion for the first time on the back of a new valuation for SpaceX.
The SpaceX CEO just woke up $168 billion richer and set the bar for the first person estimated to be worth more than $600 billion.
SpaceX's public offering strategy will raise more than $30 billion—three times more than the company has raised in its entire 23-year existence since 2002.
Elon Musk became the first person to be worth $600 billion on Monday, according to Forbes, making the gap between him becoming a trillionaire less than the gap between him and the next richest person, Google co-founder Larry Page.
6hon MSN
A SpaceX IPO could be the largest public offering of all time—and Elon Musk’s biggest headache
The SpaceX public offering could very well be the largest public offering of all time—bringing in even more money than Saudi Aramco’s cosmic $29 billion public listing in 2019. And with the rocketing costs (pun intended) that SpaceX would rack up as it paves the way for more test flights for the mega-rocket Starship it wants to send to Mars,
Elon Musk has officially become the world's first person to reach a net worth of $600 billion, Forbes reported Monday, fueled by plans for his SpaceX startup to go public with an $800 billion valuation.
SpaceX will reportedly begin hearing pitches from investment banks as it weighs a historic IPO that would propel Elon Musk toward becoming the world’s first trillionaire.