SpaceX Will Sell Shares To Its Own Employees

Agreed to sell Twitter for $44 billion at the end of April. Elon Muskannounced that Twitter suspended the purchase due to the fake account statement. Fake accounts as Twitter says is only 5% Another bombshell news came today about Musk, who defended himself.

According to information shared by Bloomberg, Elon Musk’s space company SpaceX, to their own employees SpaceX plans to sell stock. With the news that came in the days when Elon Musk was chasing financing to buy Twitter, SpaceX’s estimated market value was also shared.

Shares will sell at $70:

According to information obtained from various sources, SpaceX shares are offered to employees. at $70 per share will be presented. With each share worth $70, the company’s market capitalization will reach $125 billion. The sale will begin on Thursday.

It is not yet known why SpaceX shares were sold to employees. On the other hand, there is some information that may explain the reason. Elon Musk, according to SEC documents released in August 2021 Holds 44% of SpaceX. However, it was known that Musk was also looking for a different financing tool instead of a $12.5 billion loan. A portion of Musk’s stake in SpaceX after the latest news about SpaceX shares Twitter can use to purchase is estimated.