SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

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...

Go to News Site