Elon Musk has become a trillionaire. However, while he reaps the rewards of SpaceX’s latest IPO, his ex-partners barely seem to have gained from it. The main reason for this is Elon’s strict rule against giving up equity to his partners. So, as the SpaceX CEO celebrates his newfound success, let’s take a quick look at why he made this decision.
Elon Musk rejected his first wife, Justine Musk’s request for equity
Elon Musk shared a long relationship with his first wife, Justine Musk. However, when it came to equity, even the mother of his six children was written off from the list. Elon filed for divorce from Justine in 2008, shortly before becoming the CEO of Tesla and entering the Forbes billionaires list with an estimated net worth of USD 2 billion.
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