IPO could raise up to $75bn, giving SpaceX market value of $1.77tn as it sets up Musk for extraordinary wealth
Space X is seeking to raise about $75bn (£55bn) through its imminent stock market listing, the company has said, which would make it the largest initial public offering ever.
If the stock market launch – primed for next week – goes as planned, founder Elon Musk, the world’s wealthiest person, could be poised to make history as the first trillionaire.
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Originally posted in the guardian.
