Elon Musk says he counted on cashing in SpaceX stock to take Tesla private when he tweeted 'funding secured'
Elon Musk said he counted on selling SpaceX stock to take Tesla private when he tweeted"funding secured" in 2018. in a civil court Monday after being sued by Tesla shareholders for claiming he had secured funds to take Tesla private at $420 per share.
"SpaceX stock alone meant 'funding secured' by itself. It's not that I want to sell SpaceX stock but I could have, and if you look at the Twitter transaction — that is what I did. I sold Tesla stock to complete the Twitter transaction. And I would have done the same here," Musk said in court,
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