Elon Musk Just Exercised Stock Options In This Company — And No It Wasn't Tesla


The world’s richest person owns stakes in Tesla Inc (NASDAQ: TSLA), SpaceX, Twitter Inc (NYSE: TWTR) and several other companies. Earlier this week, Elon Musk also exercised stock options to common shares in this publicly-traded company.

What Happened: A Form 4 issued this week shows Musk converted options in Endeavor Group Holdings Inc (NYSE: EDR) into common shares. As of June 13, Musk owns 7,583 shares of Endeavor Group, valued at around $150,000, as reported by Teslarati.

Endeavor Group operates in the entertainment and sports industries with the ownership of WME, IMG and the Ultimate Fighting Championship. The company also offers marketing …

Full story available on Benzinga.com


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