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#corporate finance

2 Stories Found

Coins•Oct 19, 2026

Elon Musk Pledges One Share of SpaceX to “Every Kid in America” Next Year

Key Highlights: Elon Musk announced plans to distribute one SpaceX share to every child in the United States next year. Musk noted that the upcoming share giveaway is “the first of many” similar offerings. Following the statement, SPCX stock registered a gain of nearly 1% during premarket trading hours. Elon Musk Proposes SpaceX Share Distribution ...

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Coins•Oct 13, 2026

Strive to Raise $500 Million to Buy More Bitcoin via New Preferred Share Class

Key Highlights Strive plans to raise $500 million by offering 5 million shares of its new perpetual preferred stock, SATS, priced at $100 per share with a 15% fixed dividend. Proceeds from the offering are earmarked to purchase more Bitcoin, acquire income-generating assets, or finance share buybacks, backed by an initial 18-month dividend reserve. Strive ...

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