As it has grown to become one of the largest companies in the U.S., SpaceX has remained one of the most secretive, with its finances hidden from all but a small group of investors and insiders. Most people with stakes in SpaceX have no clue how much money the company makes or loses.
New documents, along with interviews with investors, lawyers and bankers, offer a window into the opaque market for shares of Elon Musk’s private companies, which are some of the most sought-after private investments. Access to the shares is controlled by a tightknit coterie of Musk associates, who have quietly built businesses doling them out through shell companies, racking up huge fees and profits in the process.
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