From El Dorado to Mars: the business of big promises | Moneyfarm

⏳ Reading Time: 6 minutesIn the prospectus for SpaceX’s Initial Public Offering (IPO), there is a clause that would make any corporate lawyer with even a modest sense of humour raise an eyebrow. The board of directors has granted Elon Musk one billion restricted shares. Those shares will vest only if two conditions are met: a market capitalisation of […]

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