Elon Musk Purchased $1.4 Billion in SpaceX Shares Last Year via Trust

Elon Musk increased his stake in SpaceX by purchasing $1.4 billion in shares from current and former employees through his trust, according to a report citing a draft of SpaceX’s confidential IPO prospectus. The move highlights Musk’s continued investment in the space company.

By Preeti Singh, SA News Editor · Seeking Alpha ·

Elon Musk Purchased $1.4 Billion in SpaceX Shares Last Year via Trust

Topics: Elon Musk share purchases SpaceX trust investments

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