SpaceX shares rocketed after Elon Musk kicked off the biggest stock market listing in history, valuing the company at more than $2 trillion. The rocket company’s stock surged by 25pc when it began trading on the Nasdaq in New York after successfully raising $75bn (£56bn) through its initial public offering (IPO). Telegraph UK. What happens to the stock price if Musk gets hit by a bus tomorrow?
“Stewart still owns approximately 60 percent of the shares in her company, Martha Stewart Living Omnimedia, Inc. And the marketing and publishing outlet took a severe financial hit as the scandal tarnished the image of its namesake. The company’s worth dropped more than 50 percent after Stewart’s insider trading scandal broke, and Stewart’s personal losses totaled more than $325 million in company holdings.” ABC
And that is all I’m going to say about that!
