Elon Musk's SpaceX stake hits $900 billion valuation

According to a recent regulatory filing, Elon Musk maintained a 48.4% ownership interest in SpaceX through June 30, bringing the value of his shares to more than $900 billion based on current market rates. Musk possesses 6.42 billion shares and retains exclusive authority regarding voting and disposal of these holdings. On June 12, SpaceX finalized a historic IPO that secured $85.7 billion, driving the company's total market valuation beyond the $2 trillion mark.

by shortkt.com
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Elon Musk's SpaceX stake hits $900 billion valuation | ShortKT