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SpaceX Aims for $1T Valuation in Mega IPO

Published 15 hours ago
Description

SpaceX, led by Elon Musk, is preparing for a massive IPO, aiming for a valuation of $1.75 trillion, surpassing Saudi Aramcos record. The company plans to raise up to $75 billion, with big banks like Bank of America and Goldman Sachs handling the deal. The funds will support ambitious projects, including a lunar base and Starship upgrades. Musks net worth could reach $1 trillion if the valuation is met, reshaping his empire and space ambitions.

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