Elon Musk Made with a loan of approximately 934,000 euros from SpaceXHe bought Twitter (now X), an aerospace manufacturing company he founded in 2002, for 41.1 billion euros, according to The Wall Street Journal.
According to internal documents seen by the newspaper, SpaceX approved the loan backed by some of Musk’s SpaceX shares in October, and Musk withdrew completely that same month.
At the end of October, after months of negotiations, Musk bought social network and became CEO of the platform.
Although the date coincides with the purchase of the social network, The Wall Street Journal points out that it has not been able to determine why it assumed the debt.
richest man in the world He repaid the loan to SpaceX with interest in November.
Musk is SpaceX’s largest shareholder. 42% titleand also almost 79% voting right in the companyAccording to a file SpaceX has filed with the Federal Communications Commission.
That same month, Musk sold about 3.7 billion euros of shares in Tesla, of which he was managing director, and sold a similar amount the following month, increasing the total number of shares of the electric car maker he sold over a period of time. approximately $39,000 million (€36,500 million) in a year.