SpaceX, IPO and Elon Musk
Digest more
After months of speculation, drama and carefully placed leaks, SpaceX has finally put hard numbers on the table, and the picture that emerges suggests the most ambitious stock market listing in history is now past the go/no-go point.
SpaceX CEO Elon Musk owns a stake in his reusable rocket maker that's worth $866.5 billion on paper, according to the company's updated IPO prospectus published on Wednesday. SpaceX said it plans to price its upcoming IPO at $135 a share for a valuation of about $1.77 trillion.
SpaceX plans a massive $75 billion share sale, valuing the company at $1.8 trillion. This move aims to fund ambitious projects like space-based data centers and a Mars mission. The company's satellite internet service,
Elon Musk-led SpaceX is all set for what could be the biggest IPO in history, after fixing its IPO price at $135 a share and setting out plans to raise as much as $75 billion from market.
Democrats are sharpening their attacks against Elon Musk, zeroing in on his soon-to-be-trillionaire status before his company SpaceX’s initial public offering.
Elon Musk is all about big numbers — billions, trillions – and you can find them sprinkled throughout an extraordinary document he just filed to take his rocket maker SpaceX public. The
SpaceX is set to raise up to $75 billion in its upcoming IPO, potentially making Elon Musk the world's first trillionaire. The offering is projected to surpass previous records and outlines ambitious plans for the company's future.
The market has already minted a baker’s dozen of trillion-dollar companies, but Wall Street may soon witness an even stranger situation: One entrepreneur’s personal fortune rivals — or even exceeds — the value of the world’s largest public company That possibility no longer sounds far-fetched to billionaire investor Ron Baron.
When newly public companies have been valued as richly as SpaceX, OpenAI and Anthropic seem likely to be, the outlook for ordinary investors has been poor.
・The filing also covers any additional shares that could be created from stock splits, dividends, or similar changes that increase the total number of Tesla shares. ・Based on TSLA stock’s current price of around $375, the shares are valued at roughly ...
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.