Elon Musk was interested in buying Velo3D, though company didn't want to sell

Mar. 24, 2021 7:58 AM ETTesla, Inc. (TSLA), VLD, SPACETSLA, SPACE, VLDBy: Joshua Fineman, SA News Editor27 Comments
  • Tesla (NASDAQ:TSLA) CEO and SpaceX (SPACE) founder Elon Musk was interested in buying Velo3D, the 3D printing company that's being taken public by Barry Sternlicht's Jaws Spitfire SPAC (NYSE:SPFR), though Velo3D didn't want to sell.
  • "Elon wanted to buy Velo3D, they didn't want to sell, so we had an opportunity to take them public," Sternlicht said in a CNBC interview.
  • Sternlicht added that Velo3D "could even get acquired because they are the probably the leader in their field in an area they can only serve."
  • SPFR gained 1.2% in premarket trading.
  • Yesterday, Barry Sternlicht's JAWS Spitfire SPAC confirms deal for Velo3D.

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