SpaceX files initial paperwork to sell shares to public and likely make Musk a trillionaire
SpaceX has filed preliminary paperwork to sell shares to the public, which could value the company at $1.5 trillion and make Elon Musk the world's first trillionaire. The initial public offering (IPO) is expected to raise up to $75 billion, making it one of the biggest Wall Street events of the year.
SpaceX has filed paperwork to sell shares to the public. The company plans to raise up to $75 billion, valuing it at $1.5 trillion. Elon Musk owns 42% of SpaceX and is likely to become the world's first trillionaire after the IPO. SpaceX is a leading commercial launch company, responsible for sending payloads into orbit for customers worldwide. The company has also received $6 billion in contracts from NASA and other US government agencies in the past five years.
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