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Published 9 years ago by aj0690 with 7 Comments
by aj0690
9 years ago 7

Musk’s SpaceX Sells 10% Stake to Google, Fidelity for $1 Billion

Space Exploration Technologies Corp., the rocket maker run by billionaire Elon Musk, said that Google Inc. and Fidelity Investments have invested $1 billion that will give them a combined stake of almost 10 percent.

Continue Reading http://www.bloomberg.com
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  • Splitfish
    +5

    At $10B valuation, it's worth the same amount as Snapchat. A space company compared to a messaging app.

    9 years ago
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    • ubthejudge
      +1

      thats crazy

      9 years ago
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      • drunkenninja
        +2

        I would have to agree. But then again, this world is a crazy place :D

        9 years ago
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  • 8mm
    +4

    SpaceX will someday be the megacorp of the future like in the movies.

    9 years ago
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  • ckshenn
    +2

    Great to see a truly innovative company see so much success.

    9 years ago
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  • geoleo
    +1

    When is it going public? I want in!

    9 years ago
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