Elon Musk revealed on Tuesday that nearly no investors were willing to sell their SpaceX shares despite the company reaching a valuation of $350 billion. The comment came after a report said SpaceX and its investors agreed to purchase up to $1.25 billion of common shares.
"What's really crazy about this is that almost no investors wanted to sell shares even at a $350B valuation!" Musk said in a post on X.
He also added that SpaceX reduced the amount of shares it repurchased from employees to allow new investors to join.
