Hearing expectations of the IPO to raise $75 Billion.
End of the day Elon Musk retains around 46% ownership and controls 79% of voting rights through a dual share structure arrangement. His deal calls for 1 billion shares providing a colony of at least 1 million people is established on Mars.
Seems far fetched and quite weighted in favour of Elon. Public offerings seem to be what he is good at rather than a return on the dollar of any company he directs so I'll sit this one out. Good luck to those braver than me.
End of the day Elon Musk retains around 46% ownership and controls 79% of voting rights through a dual share structure arrangement. His deal calls for 1 billion shares providing a colony of at least 1 million people is established on Mars.
Seems far fetched and quite weighted in favour of Elon. Public offerings seem to be what he is good at rather than a return on the dollar of any company he directs so I'll sit this one out. Good luck to those braver than me.
