Musk bought $1.4 billion SpaceX shares last year, The Information reports
Lucian Nemoiu
April 21 : Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion worth of stock from current and former employees, The Information reported on Tuesday. The secondary stock purchase, made through Musk's trust, was disclosed in a draft of SpaceX's confidential IPO prospectus, the report said. SpaceX also approved a plan last month that would award the billionaire CEO 60 million additional shares if the company’s market capitalization climbs from $1.1 trillion to as high
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