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Of course, everything would be a lot easier if we could finish the development of the nuclear rockets that were tested in the 60s.
Elon is a minority shareholder in Tesla. He is an even smaller investor in SolarCity and is on the board but I certainly would not call him the "owner".
I would call him the "owner" of SpaceX.
Elon is a minority shareholder in Tesla. He is an even smaller investor in SolarCity and is on the board but I certainly would not call him the "owner".
I would call him the "owner" of SpaceX.
But to loop back on the original "owner" assertion that started this digression, while he is now a minority shareholder in all three companies, it is very clear that he strategically controls all three companies (probably less so with Solarcity).
For SpaceX before the recent Google/Fidelity equity investment, Musk was estimated to have about 65%. There hasn't been much change before that for many years other than liquidity rounds once or twice a year to give employees a chance to sell. Google's investment diluted his ownership a bit but he still ought to have a solid majority and mostly friends and employees represent the rest.
The Google/Fidelity round gave SpaceX a market cap over $10B and put Musk's net worth at about $12B with SpaceX and Tesla about half and half and Solar City in the margins.
Didn't realize this was happening......Buster the Dummy Preps for Mile-High Ride Aboard SpaceX Capsule - NBC News