Elon Musk’s SpaceX selling shares possibly to finance Twitter bid
![]() 1255 Tuesday, 17 May, 2022, 12:36 SpaceX is planning to sell existing shares starting Tuesday to a select group of buyers and there is speculation Elon Musk is a seller, The Post has learned. Musk has been trying to raise more money for his $44 billion Twitter bid and is not only having a difficult time but finding it expensive, sources close to the situation said. The billionaire could sell SpaceX shares instead to help fund the acquisition. As of August, the Tesla tycoon owned 44 percent of the SpaceX shares, according to federal filings. |
Donald Trump tariffs: US may cut China tariffs to 50% from current 145%
41700:28"India has banned the import of goods from Azerbaijan" - Pakistani Ambassador
396Yesterday, 16:06EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts
99505.05.2025, 22:27US readies Russia sanctions
147503.05.2025, 01:09Trump proposes $163 billion cut to federal budget
143002.05.2025, 20:51#Reuters: "US, Ukraine may wait decade or more to see revenue from minerals deal"
139602.05.2025, 14:09Orban: "EU policy aimed at supporting Ukraine will lead to the bankruptcy of Europe"
105702.05.2025, 12:45Trump says buying Iranian oil must stop, threatens secondary sanctions on purchasers
95402.05.2025, 00:35