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53 Elon Musk’s Very Loud IPO Quiet Period

The Information
Dakin Campbell @ The Information 1 place · today 13:16 EDT

Elon Musk’s Very Loud IPO Quiet Period

Good morning! When Elon Musk tweeted details about SpaceX’s agreement with Anthropic late last month, saying the business deal was less durable than advertised, many investors and commentators seized on the fact that the details weren’t in the company’s initial public offering prospectus filed with regulators.They were right to point that out, of course. Details of that nature—for instance, that SpaceX was guaranteed 180 days of revenue—should have been in the prospectus from the start. (SpaceX later update

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