Benzinga
07 Jun 2026, 10:41 UTC · 1d ago
Elon Musk Breaks Silence Over His Role As SpaceX's CTO, Says There Was No Other Choice: 'No One Good Would Join…'
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Benzinga
07 Jun 2026, 10:41 UTC · 1d ago
Top 3 movers · tap to explore
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3 claims · impact-rated
SpaceX is targeting a $75 billion raise through an IPO, selling 555.6 million shares at $135 each. — A massive IPO of this scale introduces a high-profile, liquid asset to the market and creates a significant liquidity event for early investors.
+0.80Assets in space-related ETFs have surpassed $5 billion for the first time, doubling since the start of the year. — Increasing capital flow into sector-specific ETFs indicates growing institutional and retail appetite for space-industry risk.
+0.40Elon Musk clarified that he assumed the role of CTO at SpaceX because no qualified candidates were willing to join a startup perceived as destined for failure. — This is a retrospective personal anecdote about company history and does not change current fundamentals or forward-looking guidance.
+0.00Ticker attribution
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Reuters
1h ago
