Re:SpaceX's Valuation Climbs to $25B with New Funding Round
by adventured on Thursday April 12, 2018 @10:52PM
(#16826823)
The parent was talking about SpaceX directly using the raised cash to assist Tesla, which is what I was replying to. That's not what you're talking about.
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Re:SpaceX's Valuation Climbs to $25B with New Funding Round
by azernik on Thursday April 12, 2018 @11:01PM
(#16826857)
That was exactly my point; that SpaceX directly transferring cash from one company to another is indeed unlikely, but that the higher valuation of SpaceX is a bigger help for Musk's finances in general.
(EDIT: I was agreeing with you on the details, but also pointing out that there are effects here beyond the money directly raise that could help Tesla.)
Re:SpaceX's Valuation Climbs to $25B with New Funding Round
by richardknop on Friday April 13, 2018 @12:01AM
(#16827047)
Well not directly but by buying bonds. There is already precedent with SpaceX buying SolarCity bonds so it's not totally unlikely given Tesla's financial woes.