Musk holds 48.4% stake in SpaceX valued at around $900 billion

Elon Musk held a 48.4% stake in SpaceX as of June 30, valuing his holding at over $900 billion at current market prices, a regulatory filing showed. Musk owns 6.42 billion shares and has sole voting and dispositive power over them. SpaceX completed a record-setting IPO on June 12, raising $85.7 billion and pushing its market capitalisation past $2 trillion.