Elon Musk is taking SpaceX public
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A SpaceX IPO could be the largest public offering of all time—and Elon Musk’s biggest headache
The SpaceX public offering could very well be the largest public offering of all time—bringing in even more money than Saudi Aramco’s cosmic $29 billion public listing in 2019. And with the rocketing costs (pun intended) that SpaceX would rack up as it paves the way for more test flights for the mega-rocket Starship it wants to send to Mars,
A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year.
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Elon Musk’s net worth hits staggering $648B, making him more than twice as wealthy as runner-up
Musk saw his wealth jump by $178 billion in just two days, putting his year-to-date gain at a record-breaking $216 billion as investors cheered Tesla’s driverless taxi tests in Texas, according to
Elon Musk has grown $216 billion richer this year, thanks to Tesla stock hitting an all-time high and SpaceX doubling in value since the summer.
It is rare for the richest person or the richest family to double the wealth of the next richest. Bill Gates achieved this in 1999 when he reached $90 billion
Elon Musk is considering floating SpaceX on the stock exchange in 2026, with Wall Street bankers being interviewed for what could be a blockbuster IPO.
Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.
Charlie Puth has appealed directly to Elon Musk after a 3am SpaceX rocket launch 'violently' shook his Santa Barbara home and frightened his pregnant wife.