Jan 3, 2022
The curious story of Elon Musk’s Tesla stock sales and SpaceX’s fundraising
Posted by Eric Klien in categories: Elon Musk, internet, space travel, sustainability
It looks like Elon is putting more of his money into SpaceX. This makes sense as he has tons of money and SpaceX seems to have more growth potential than Tesla because his Starlink and Starship will both be very hard for other companies to compete against. (Just the amount of capital it would take to make competing products is staggering.)
I’m not saying that Tesla won’t be worth $10 trillion one day, I’m just saying SpaceX has more growth potential. Elon seems to agree.
What’s Elon Musk doing with the billions he’s collected in the past two months from selling shares in Tesla?
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