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.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Does Elon Musk's resignation from Twitter mean he'll give up control? Experts weigh inElon Musk vowed to resign as the head of Twitter but he will remain a dominant force at the company, some management experts told ABC News.
Read more »
Ukraine strikes deal with SpaceX to receive thousands more Starlink antennas | EngadgetUkraine will receive an additional 10,000-plus Starlink satellite dishes from Elon Musk's SpaceX to help provide internet amid Russian attacks..
Read more »
SpaceX may launch Gen 2 Starlink satellites by the end of the monthAccording to an FCC filing earlier this month, SpaceX are looking to get permission to launch the next generation of its Starlink satellites very soon.
Read more »
SpaceX Wants to Start Launching Its Next Generation Starlink Satellites Before the End of the YearThe company has asked the FCC for a temporary authorization to help it provide better connectivity to its customers.
Read more »
FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg.FTX_Official used its own token, FTT, to fund its 2020 purchase of a majority stake in trading platform Blockfolio, according to a report. By JamieCrawleyCD
Read more »
Millions at stake as downtown S.F. properties appeal tax billsData analyzed by The Examiner found properties totaling $59 billion in assessed city value are asking for a reassessment in 2022 that, if granted, would amount to a decline in property value of $26 billion citywide.
Read more »