News for hackers. Stuff that matters.

A comment on SpaceX's Valuation Climbs to $25B with New Funding Round. Parent comment

Re:SpaceX's Valuation Climbs to $25B with New Funding Round by jonknee on Friday April 13, 2018 @11:49AM (#16831149)
He would have taken a loan against Tesla shares to buy SpaceX shares, that is definitely legal (albeit risky considering the volatility of TSLA). The reason it's likely a loan is that he doesn't have $100m sitting around.
[ Parent | on HN ]

There are no comments on this comment yet.