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SpaceX IPO: Trillion-Dollar Dreams

SpaceX IPO: Trillion-Dollar Dreams

Published 5 days, 7 hours ago
Description

SpaceX, led by Elon Musk, is set to make history with an IPO, potentially valuing the company at $1.75 trillion, making Musk the first trillionaire. The company, known for its reusable rocket technology and Starlink satellite internet service, generated over $18 billion in revenue last year, with Starlink accounting for the bulk. The IPO coincides with a test flight of the new Starship rocket, crucial for Mars missions and Starlink expansion. Musk will retain significant control, with the roadshow starting around June 4th.

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