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brazukadevlast Saturday at 9:17 PM1 replyview on HN

and? Are you implying that Elon doesn't own the 80B spacex got from the IPO?


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rogerrogerrlast Saturday at 10:21 PM

I am implying that because it is true. SpaceX owns the $80B. Elon owns stock in SpaceX.

The IPO was a primary offering in which SpaceX issued new shares and received the proceeds. If Elon had personally sold shares, the prospectus would have identified him (or other selling shareholders) in a secondary offering. It doesn’t.

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