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29.03.2020 13:13:00

Is SpaceX Really Worth 10x Boeing and Lockheed Martin's Space Business?

Elon Musk is tweaking his space plans.Earlier this month we told you about SpaceX's plan to raise $250 million by selling 1.1 million shares of its (privately traded) stock for $220 apiece. In the weeks since, it seems Musk has expanded his ambitions, filing new documents with the SEC that would double the size of the stock offering (says CNBC) to raise about $500 million in cash. Musk's plans have changed once already. They may very well change again in light of what's going on in the stock market, and investors' sudden aversion to risk in the age of the coronavirus.Continue reading
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