Elon Musk Has a Strange Requirement for Banks Working on SpaceX’s IPO
If banks want a piece of one of the largest IPOs in history, they have to buy subscriptions to Grok, his controversial AI chatbot.
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If banks want a piece of one of the largest IPOs in history, they have to buy subscriptions to Grok, his controversial AI chatbot.
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His first instinct is to treat $5,000 as a foundation against worst-case scenarios.
The confidential filing tees up a June blockbuster that could make SpaceX one of the most valuable companies ever — and Musk a 13-zero hero.
And it's on sale right now.
The billionaire spearheaded the initiative for over two decades, but stopped the practice in 2022.
The tech company is dealing with a plummeting stock price, and analysts say the mass layoffs could free up $10 billion in cash.
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