SpaceX crashed too hard for insiders’ bonus unlock
A stock price crash canceled SpaceX insiders’ $80B bonus unlock, and almost nobody in financial media noticed.
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A stock price crash canceled SpaceX insiders’ $80B bonus unlock, and almost nobody in financial media noticed.
Read more (3 min) →Investors lent SpaceX billions in June, and its longest-dated bonds have sunk to an effective junk-like yield of 7.5% at $0.90 on the dollar.
SpaceX slipped below $140 per share on Monday, wiping out $1T from the peak market capitalization of Elon Musk’s IPO.
Elon Musk's net worth of $1.4T is mind-bogglingly large, dwarfing the fortunes of even the richest crypto billionaires.
Last week was supposed to be a shining example of crypto tech tokenizing SpaceX stocks for the masses. Instead, the industry failed again.
Arkham claims to have found Tesla’s 68 and SpaceX’s 28 bitcoin wallets. If true, we now know when Elon Musk sold Tesla’s bitcoin.