Musk's Boring Company shares rise over 22% in employee share sale

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Boring Company also told shareholders that investors could buy up to $20 million in secondary shares as part of the recent share sales, one of the people...

-Elon Musk's tunneling enterprise, The Boring Company, has sold shares owned by employees and investors at a price over 22% higher than in a funding round for the company last year, The Information reported on Monday.The Boring Company also told shareholders that investors could buy up to $20 million in secondary shares as part of the recent share sales, one of the people told The Information.

Elon Musk acted like a 'little baby' and was 'almost in tears' on Tesla's 'terrible' earnings call, analyst says ‘I wouldn’t touch with anybody’s money’: Grant Cardone says these two major US cities are some of 'the worst markets to be in right now' for real estate investors — here's whyThe TFSA is one of the best places to hold long-term stocks. Here are three that could be reliable bets for life. The post TFSA Investors: 3 Reliable Stocks to Buy and Hold for Life appeared first on The Motley Fool Canada.

An "extremely bearish" technical pattern, known as a double top, has taken shape on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff.These blue-chip stocks may be down, but don't count them out -- especially since they have a secure path back to growth in the near future. The post These Stocks Provide a Once-in-a-Decade Chance to Get Rich appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Musk's Boring Company shares rise over 22% in employee share saleExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Dutch health tech company Philips raises outlook as Q3 profit jumpsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Dutch health tech company Philips raises outlook as Q3 profit jumpsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Tanzania signs a controversial port management deal with Dubai-based company despite protestsNAIROBI, Kenya (AP) — Tanzania's government signed a controversial port management deal with Dubai-based DP World that had fueled protests in the African...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »