SpaceFortuneabout 2 hours ago
SpaceX Share Count Swells to 25 Billion
8 min read
A proposed merger between Elon Musk's SpaceX and Tesla would dilute SpaceX shareholders, requiring the rocket company to issue 92% of its shares. This deal would raise SpaceX's share count from 13.1 billion to 25 billion, awarding nearly half of its future earnings to Tesla's selling shareholders who currently hold a company valued at $1.52 trillion.
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