Musk Masterfully Manages Capital, Earning Nearly $1 Billion Annually by Consolidating His Companies
Musk restructured SpaceX, xAI, and X Corp into a tightly integrated conglomerate, achieving significant financial gains through asset consolidation. The key move: SpaceX secured a $20 billion bridge loan from a banking syndicate before its IPO, and Musk leveraged this low-interest funding to save nearly $1 billion annually in interest costs.....