Elon Musk has increased his ownership in SpaceX through a $1.4 billion acquisition of shares from employees. The transaction was revealed via a draft of the company's confidential IPO prospectus.
- Musk invested $1.4 billion in SpaceX shares last year
- Shares were sourced from current and former staff members
- The purchase was facilitated through a personal trust
- Information originated from a draft confidential IPO prospectus
- The move signals potential future public listing preparations
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