'Many of Elon Musk's fans include Bob Bursa, it seems.'
The aerospace company, Elon Musk's SpaceX turned out to be a 'gold' pit that will ensure that the world's richest man maintains his millionaire status.
It is understood that many investors have flocked to buy shares of SpaceX and it has added $14.6 billion to Musk's wealth during 2019, surpassing the value of shares of his electric car (EV) company Tesla Inc.
Most recently, the former co-head of Mizuho Securities, Spyridon Mentzas is said to have established the Hijojo Partners firm 3 years ago with the aim of raising funds to buy SpaceX shares.
The firm is now valued at nearly $125 billion based on its latest funding round.
Speaking about his interest in investing in SpaceX, Mentzas said he believes the company will succeed even though input on Musk's space project can only be found on Twitter.
In addition, Miami-based PrelIPO Club fund manager Edoardo Zarghetta is also understood to have bought SpaceX shares on the secondary market and the premium trade is now over 10%.
Also a Musk fan is Norwegian investor Olav Trent, who says his company was among the first to invest in the billionaire's space program.
Meanwhile, with Tesla shares down nearly 50% from their November peak following a nearly $15 billion sale to buy Twitter, it appears SpaceX will be Musk's most important bet.
But it should be noted that SpaceX also had its problems when regulatory filings revealed that some of the company's shares were sold for $250 million in a secondary transaction from 5 investors whose identities were not disclosed.
