SpaceX is preparing for a public listing this month and says the offering will raise up to $75 billion, which multiple outlets describe as potentially the largest stock market debut on record. The IPO is expected to value the company at roughly $1.7 trillion to $2 trillion, according to reported valuation estimates. Those figures, which build on earlier valuation ranges that topped out around $1.5 trillion in March, are central to claims that CEO Elon Musk could become the first person to reach a $1 trillion net worth. The outlets also note that SpaceX was founded in 2002 and that the company’s move to the public markets could further expand its overall market capitalization. While reports vary in emphasis—some focusing on the size of the IPO and others on Musk’s potential wealth outcome—each source ties the expected valuation directly to the planned capital raise. SpaceX is therefore entering the IPO with the prospect of both major fundraising and a record-scale debut, based on current reported estimates.
SpaceX plans IPO to raise up to $75 billion, with Musk potentially nearing $1 trillion
SpaceX is preparing for a public listing this month and says the offering will raise up to $75 billion, which multiple outlets describe as potentially the largest stock market debut on record. The IPO...
- SpaceX plans an initial public offering this month.
- The company says the offering will raise up to $75 billion.
- Reported valuation estimates for SpaceX range from about $1.7 trillion to $2 trillion.
- SpaceX’s valuation is described as higher than a range that topped out around $1.5 trillion in March.
- Some reports say the valuation could put Elon Musk on course to become the first trillionaire.
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
2 months agoSpaceX plans to raise up to $75bn (£56bn) when it goes public this month – putting Elon Musk on course to become the world's first trillionaire.
2 months agoThe valuation of the SpaceX, founded in 2002, is expected to range from $1.7 trillion to $2 trillion, up from a range that topped out at $1.5 trillion in March.
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