What are the odds he bought into SpaceX?
I don't think he had to buy in, in that sense. I bet before any stock is sold, a certain percentage of the issued stock is his without paying a penny or at preferential rates, in the stock ownership sense. I don't really know though. That's not really my field of expertise. It's always good to know what you don't know, especially as a lawyer. I can always research, but you have to know what you don't know to want to do that. The last thing I ever want is anyone coming back 3-5 years down the road and saying "NC Yankee said this was okay" ... and then in blows up in our face because I told them we are fine. So, if something is not clear, it's good to identify that it's not clear to you and then make it clear.
Home
Chat
Login
Register