Elon Musk’s SpaceX Stake Moves Lower, But Executive Retains Control

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Elon Musk’s ownership stake in SpaceX has declined in recent years, but the executive has kept control over the rocket company he founded two decades ago, regulatory filings show

Elon Musk‘s ownership stake in SpaceX has declined in recent years but the chief executive has kept control over the rocket company he founded two decades ago, regulatory filings show.

A trust associated with Mr. Musk owns 42% of SpaceX, according to a document the company filed last week with the Federal Communications Commission, which regulates its Starlink satellite-broadband unit. The trust had held a 54% stake in the company as of November 2016, a filing from then shows.

 

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Why do you people continually negatively attacking him? The number of articles about him has skyrocketed since his purchase of Twitter and 90% is negative. Can you run a story on why that is? hatersaregonnahate liberalhypocricy

Looks like ecerything elonmusk touches turns into shit. ReverseMidas

He loves him some government funding to pad his own wealth.

Thank goodness he relies on the government to fund it 🙄🤡

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