Elon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale
Summary
SpaceX, owned by Elon Musk, plans to sell shares to the public at $135 each when it starts trading on the stock market. This sale could make the company worth nearly $1.8 trillion and help it raise $75 billion.Key Facts
- SpaceX will offer shares on the stock market starting Friday.
- The suggested share price is at least $135 each.
- This price values SpaceX at about $1.8 trillion.
- SpaceX aims to raise $75 billion from this share sale.
- Elon Musk is the founder and CEO of SpaceX.
- If the shares sell at or above this price, Musk could become the world’s first trillionaire.
- The share sale could be the largest stock listing ever.
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