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Post date: Jul 01, 2010 1:23:40 PM
History Elon Musk:
Co-founder of PayPal
Elon Musk achieved IPO of Tesla electric carsCash broke, that is. He had plenty of stock in his companies.And now he's not broke anymore!Elon sold about 1 million shares at $17 a share last night, so now he's sitting on $17 million. Sure, he has some taxes to pay, but that should still cover his expenses for a few months.
And his remaining 28 million shares of Tesla are now valued $504 million.
So no more crying for Elon
Read more: http://www.businessinsider.com/elon-musk-is-saved-2010-6#ixzz0sRCNT0t0
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