Hacker Times
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
outside1234
2 days ago
|
parent
|
context
|
favorite
| on:
Google Discloses $94.1B in SpaceX Stock, Marking 6...
Hopefully they made this investment pre-IPO at some vastly lower valuation because otherwise… …this is a not going to end well for them.
help
jddj
2 days ago
|
next
[–]
They got in at a ~12B valuation. They'll be fine
reply
Aboutplants
2 days ago
|
parent
|
next
[–]
If true then they paid under $800 Million for their 6%, now valued at $94 Billion.
reply
dagaci
2 days ago
|
root
|
parent
|
next
[–]
Yes, google they paid $900 millions in 2015 for about 7% stake, 100X. % Number probably fell because of all the "merging".
reply
forrestthewoods
2 days ago
|
parent
|
prev
|
next
[–]
They’ll be fine? Dang I wanna be “fine”!
reply
carlosjobim
2 days ago
|
prev
[–]
Why? They will still have their same stake no matter what happens with the stock price.
reply
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: