Chapter 2466 Turn Over

Do you think that American Internet electronics companies are very good, and any one that comes out can be valued at billions, tens of billions, or even hundreds of billions?

But if you know that there are at most hundreds of companies registered and established in Silicon Valley every day, and thousands of companies go bankrupt every year, you will know that success is not so easy.

Giants such as Facebook, Twitter, GOOGLE, and LinkedIn in the United States are just a few examples.

It's just that the Yankees have singled them out for publicity, making you feel that the American dream is very easy to achieve.

In fact, under these successful people, I don’t know how many companies went bankrupt and went bankrupt as a foreshadowing and comparison.

For example, Tesla, a technology company that sounds cool in recent years, was rated as one of the most dangerous and most likely to fail by US rating agencies in early June.

There is no other reason. Tesla’s research and development expenses are too high. It spent 150 million US dollars last year, and it exceeded 50 million US dollars in the first quarter of this year. It is really a big money burner.

But compared to the speed at which it burns money, Tesla's product, the Roadster electric car, is tragic. It has been on sale since 2007, and the total sales have not exceeded 30,000, which can be described as extremely bleak.

And the price of the Roadster is also problematic.

Originally, the pre-sale price of the Roadster was US$9,000, but after it was produced, it was suddenly discovered that the cost price had reached US$12,000. Musk made a difficult decision and finally set the price at US$11,000.

That is to say, every time Tesla sells a Roadster, it will lose 1,000 US dollars, and if it sells 30,000 vehicles, it will lose 30 million US dollars.

For a company to do this, it is not because it is truly full of love for Tesla, and ordinary investors simply cannot persist.

That is to say, under such circumstances, many shareholders of Tesla chose to withdraw their shares in April and May. There are less than 5 total shareholders, and Masco himself owns more than 75% of the shares.

With such a background. Those rating agencies on Wall Street did not immediately judge it to be bankrupt, but said "most likely", which is a very polite statement.

Masco felt that he had no way to support himself, so Hoffman asked him to find Xiao Qi. Masco obviously felt that there was little hope, so he followed Hoffman on a plane for more than ten hours to Huaguo.

To know. Xiao Qi is known as the "King of Investment" and "Business Wizard". Any project he fancy is definitely a huge profit. Over the past ten large and small companies he has invested in and established, all of them are illustrates the point.

Musk knows the situation of Tesla and SpaceX. Although these two companies are definitely companies with great development potential in the future, as far as the current situation is concerned, neither company can see any hope of making profits within two or three years. . Especially the SpaceX space transportation company, it is considered good to be able to recover the cost in ten or eight years.

According to Xiao Qi's character, if he can't get profits for a year or so. It is still possible to endure, but if the investment in three to five years does not see returns. Moreover, continuous investment is required, so Xiao Qi is definitely not willing.

At least Masco thought so before meeting Xiao Qi.

As a result, after seeing Xiao Qi, Xiao Qi's first sentence gave Masco a reassurance.

Because this sentence has the same meaning as the two founders of GOOGLE when they met him, and they have a little more respect.

Google's Page and Brin are already very good people, and they are also supporting Musko's feelings, so they have almost been funding the development of Tesla and SpaceX in the past two years. Without their support, Tesla and SpaceX would have been out of business for a long time.

For now. Both Page and Brin are two of the few remaining shareholders of Tesla and SpaceX. The money invested in the two companies has already exceeded 300 million U.S. dollars. Together, they own 18% of Tesla and 22% of SpaceX.

But the money of the two is only relative to their net worth, and it is absolutely impossible for them to move GOOGLE's stock, so the two of them have limited cash in their hands, and there is no way to support Masco more.

This is why Page said that after he left, most of the estate would be donated to SpaceX. When he was still alive, GOOGLE shares were an important weapon to help him realize his dreams, and of course it was impossible to sell them.

Xiao Qi's background is bigger than that of Page and Brin. With what he said, Masco knew that he would gain something more or less this time.

In the end, he didn't expect that in less than five minutes, Xiao Qi invested 1 billion US dollars in him. It was as simple as ordering a cup of coffee.

With the support of a full US$1 billion invested by him, Masco suddenly knew that his chance to stand up had come.

This turnaround does not mean that Tesla has developed smoothly since then and directly embarked on the golden road of making money, but that he can collect a lot of money again and have sufficient funds to develop Tesla and SpaceX.

The company Xiao Qi invests in is so attractive to Wall Street's financial giants and angel investors. As an angel investor, Masco knows clearly that it is completely robbed!

So the first thing when returning to the United States, Masco signed the investment agreement and sent it to Xiao Qi as quickly as possible. Masco started the process while waiting for Xiao Qi to sign the agreement. Let the wind go.

"Hey, do you know Tesla and SpaceX?"

"Of course I know, aren't they just two companies whose return on investment can't be worse? They have been reduced to the lowest level by several major rating agencies! They will go bankrupt in a few months! Poor Masco You idiot, put all your wealth into it, and now you've lost all your money!"

"When did you get the news? It's completely outdated! According to reliable sources, Xiao Qi has already invested huge sums of money into Tesla and SpaceX, with a total of 1 billion US dollars. Now Musk has made it!"

"Isn't it? Xiao Qi can invest in such a poor company? Are you sure it's Xiao Qi, the richest man in the world?"

"Besides Xiao Qi, why don't you find a second person named Xiao Qi and invest 10 dollars for a try?"

"Although he is rich, he is too hasty, right? He really thinks that he is the king of investment, and he can do everything to his advantage?"

"You are really right, he is the king of investment, you can find an investment that Xiao Qi does not make money to see?"

"Uh... even if that's the case, I won't pay attention. Tesla and SpaceX are too costly, and there is little growth in the future!"

"I didn't ask you to invest and pay attention. Some predators pay attention. There are news from here, Morgan Stanley, Goldman Sachs, Fidelity Fund, Green Pine Capital, Bayeux Ventures, Lightspeed Venture Capital... these The well-known giants have already gone to Musko!"

"Fuck! This shit-lucky guy! How could he be turned over by him? When I was at the end of my life, why didn't someone like Xiao Qi come to save me?"

"This is because Masco's company really has investment value! I also heard that both Tesla and SpaceX are preparing to restart financing again. Tesla is expected to be valued at 2 billion US dollars, and SpaceX is expected to be valued at 3 billion. Dollars!"

"Crazy! Tesla was only 1 billion 800 million before, and SpaceX was only 2 billion US dollars in valuation. How can it increase so much all of a sudden? Is a fool going to raise money again?"

"Green Pine Capital is the fool in your eyes. I heard that their president is ready to confirm the investment, but the amount of investment has yet to be determined. There are many other companies and rich people. If you are not sure, you don't need to pay more. The shares will be divided up!"

"Depend on!"

"..."

A few days after the rumor spread, Masco first held Tesla's shareholder meeting in the midst of all the attention. The Fairy Company was attended by the CEO of Mingxiang Holdings North American Laboratory, Lun Xin, which also confirmed Xiao Qi. Rumors of already taking a stake in Tesla.

Immediately after the one-hour shareholder meeting, Musk officially announced Tesla’s share expansion financing plan at a press conference attended by more than 60 media.

"Tesla will start a new round of financing plan in the next three months. The total calculated capital of this financing is 1.5 billion U.S. dollars, and it is expected to take out 300 million U.S. dollars, which is 20% of the shares, for financing. Among them, the largest shareholder - Mr. Xiao Qi, the richest man in the world, owns 32% of the shares. As the second largest shareholder, my shares become 28%. Investors from all over the world are welcome to join our plan. In addition, the SpaceX space transport company’s The financing plan will also be launched in the near future, please support us a lot!"

Originally watching his words, the reporter was ready to ask questions, Masco continued: "Mr. Xiao Qi has already called me about the 20% of our financing, and he is willing to buy 10% of the shares. So this time we can only take out 10% of the shares.”

"boom……"

As soon as the news came out, there was a sensation underneath.

Those who are proficient in economics before thought that Xiao Qi's investment in Tesla and SpaceX was just a kind of idle investment, but now in the new round of financing plan, Xiao Qi actually bought another 10% of the shares without even thinking about it. This is not just a simple investment, which proves that Xiao Qi is very optimistic about the development of Tesla.

Originally, 20% of Tesla’s shares cost 300 million U.S. dollars. They thought it was too expensive and uneconomical, but now that Xiao Qi made a move, only 10% of the financing shares were left, and it suddenly seemed to be in short supply. Same.

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