Tesla owns nearly 19 million shares of SpaceX: What TSLA investors need to know before the IPO
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Tesla owns nearly 19 million shares of SpaceX Class A common stock, representing less than 1% of total outstanding shares. This off-balance-sheet asset, valued at $2B, could significantly impact TSLA investors as SpaceX prepares for its IPO. Current market predictions suggest a valuation between $1.75T and $2.00T, with a high probability of a first-day market cap exceeding $2T. The relationship between Tesla and SpaceX is deepening, but merger odds remain low.
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