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المشهد العربي
SpaceX stock deal benefits California budget
California anticipates significant tax revenues resulting from the sale of SpaceX shares, with an estimated sale of approximately 555.6 million shares at $135 per share. This would generate nearly $75 billion in revenue and boost the company's market value to $1.77 trillion. Although the company's headquarters has moved to Texas, most employees based in Los Angeles will still be subject to local millionaire taxes, thereby increasing the state's income.
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