The investors also believe that their 10% stake is worth more than $1B. That's w...

robotresearcher on Jan 20, 2015 | parent | context | favorite | on: SpaceX Sells 10% Stake to Google, Fidelity for $1B

The investors also believe that their 10% stake is worth more than $1B. That's why they invested. Maybe SpaceX could have got more. But at this valuation they closed the deal and now have $1B to play with. Both parties happy.