Musk Retakes Private Company Crown just as SpaceX IPO nears

Welcome to Going Private, I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at Germany’s surging — and troubled — exposures to private markets and one founder’s struggle to share control of the firm he loves. But first, we explore the latest chapter of the Elon Musk-Sam Altman rivalry and why the billionaires may not contest one particular prize for much longer. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net

Elon Musk is once again in charge of the world’s most valuable private company — for the time being at least.