SpaceX Rockets To $800m Valuation But You’ll Never Guess Who The Real Winner Is
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SpaceX is about to complete a tender offer that will send the company stratospheric and rocket it to space where the aliens are (see what I did there? It’s a space pun).
This would boost (ok, I’ll stop) the company to a valuation of $800 billion, which is more money than I currently have.
Don’t freak out, though. SpaceX isn’t a public company yet. This was an insider share sale where the stocks were valued at $421 a share/per share (p/s).
But who’s the biggest winner out of all this? Well, unless you’re a big business nerd, the answer may shock you. Are you sitting down? Ok…
It’s Elon Musk.
I know, I know, calm down, it’s unexpected. BUT the other big winner out of this is none other than Google’s parent company: The Alphabet (of English language fame).
Yeah, turns out Google is one of the biggest investors in Musk Space Venture Dot Com, and has been since at least 2015. Who knew? Not me. Hopefully them.
This news comes hot off the heels that SpaceX (SPACO) is reportedly considering an IPO (initial public option) that would rocket boost (I can’t help myself) the company to a $1 trillion dollars in money valuation.
“It’s going to be the craziest IPO in the history of the stock market,” said Shay Boloor, chief market strategist for Futurum Equities Research, in an interview in which he himself went crazy. “If it’s trying to go for $1.5 trillion, I wouldn’t be surprised if it goes up to over $2 trillion once it gets open.”
To da moon!
SpaceX hasn’t had a problem raising money in the past, but a public offering might significantly increase the company’s cash flow. As any good rocket scientist, economist, and gastroenterologist will tell you, when it comes to rocket fuel, cash flow, and fecal matter: liquid is better.
But the big one to profit isn’t just SpaceX investors, it’s the big man, the man in charge, the top dog, his muskiness himself: JOHN CENA!! Jk, ELON MUSK!!
With SpaceX’s cash explosion, Musk will likely go from being the world’s richest man to being the world’s richest man but more so. Estimators estimate that he will likely reach the one trillion mark that he’s been so desperate to achieve ever since his mother didn’t love him.
Related article: Tesla Approved Elon’s $1trl Pay Package, Here’s What It’ll Take For Him to Win It
SpaceX? More like, SpaceXcusetogetmoremoneyoffpeople
The downside is that Musk will then be beholden to those pathetic snivelling losers, what are they called? Oh yeah, ‘shareholders’. Bleh.
They already kicked off when he asked for a DESERVED one trillion pay package for not quitting his job and that’s not fair, ok? Well, now they might be whiny bitches again and hold back THE ENTIRE HUMAN RACE FROM GOING INTERPLANETARY.
Do you want that? No. So give us your money and don’t have any other input beyond that, got it? Ok? Ok.
Glad we could straighten that out. You may leave now.
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