Article 763NA SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

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

by
Uwa Ede-Osifo, Lauren Almeida and Dan Milmo
from Technology | The Guardian on (#763NA)

IPO could raise up to $75bn, giving SpaceX market value of $1.77tn as it sets up Musk for extraordinary wealth

Elon Musk's SpaceX is looking to raise $75bn (55bn) from its blockbuster stock market listing next week as the rocket company aims for the largest initial public offering ever.

If the stock market launch - primed for 12 June - goes as planned, founder Musk, the world's wealthiest person, could make history as the first trillionaire.

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