SpaceThe Motley Fool3 days ago
Elon Musk to get 1 billion SpaceX shares for Mars colony
1 min read
SpaceX filed for an IPO on June 12, selling 555,555,555 shares at $135 each for a $1.77 trillion valuation. CEO Elon Musk will receive 1 billion shares if SpaceX establishes a Mars colony with at least 1 million inhabitants. The company reported $18.7 billion in revenue and a $4.9 billion net loss last year.
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