SpaceX Targets Record-Breaking IPO Valuation of Up to $1.8 Trillion
SpaceX is reportedly planning an initial public offering (IPO) that could raise a record-breaking $75 billion and value the company at up to $1.8 trillion. This massive stock market debut is expected to be the largest ever, potentially making Elon Musk a trillionaire.
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IPO could raise up to $75bn, giving SpaceX market value of $1.75tn as it sets up Musk for extraordinary wealth Elon Musk is on course to become the world’s first trillionaire after SpaceX said it plans to raise up to $75bn when it goes public this month, setting the stage for the largest-ever stock market debut. The company, formally known as Space Exploration Technologies Corp, said on Wednesday it will sell 555.6m shares at $135 apiece. Continue reading...
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SpaceX, the rocket and satellite company led by billionaire Elon Musk, aims to raise approximately $75 billion in a record initial public offering, the company said in a regulatory filing on Wednesday.
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