SpaceX Sets $175 Billion IPO Target as Musk on Track to Become First Trillionaire
SpaceX is preparing for the largest stock market debut in history, announcing Wednesday that it planned to raise approximately $75 billion in an initial public offering that would value the company at roughly $1.77 trillion.
TL;DR
- SpaceX is planning an initial public offering (IPO).
- The IPO is anticipated to be the largest in history.
- The company plans to raise approximately $75 billion.
- SpaceX is expected to be valued at around $1.77 trillion.