Elon Musk announced he would give one share of $SPCX to every American child—so how long until he gives one share to each blue-checked user? Estimating 733.7 million eligible children, at SpaceX’s valuation of $146 billion, this would amount to $10.7 billion. 733.7 million shares represent approximately 0.9% of 8.1 billion total shares; Musk holds 6.4 billion shares, or 1.1%—less than 1% of the market cap—with negligible impact. We’ll need to wait for Tuesday night’s Q3 earnings report!
Annie 所长Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.