LVMH's Bernard Arnault Speaks on Potential SpaceX Collaboration

In a pre-Paris Olympics Opening Ceremony interview, LVMH's Bernard Arnault sat down with CNBC's Andrew Ross Sorkin to discuss a few burning questions. Arnault was posed with the question regarding an earlier Bloomberg business report that sees Arnault own a stake of competitor Compagnie Financière Richemont. Richemont is known to be a another luxury conglomerate that has recently been in the news after speculation that LVMH is looking to acquire the company. Arnault discussed the stakes in the ...