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Elon Musk becomes world's first trillionaire with SpaceX IPO
Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world's first trillionaire. At a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a loyal following despite his stratospheric net worth and without the folksy persona that endeared other tyco
Jun 164 min read


SpaceX to make historic IPO that could make the world's richest man a trillionaire
Elon Musk's SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status. In a filing with the US markets regulator, the company priced more than 555 million shares at $135 each, placing SpaceX in the top 10 of Wall Street's biggest companies with a valuation of just under $1.8 trillion. It will be valued more than Musk's
Jun 133 min read


SpaceX to file IPO application next week
SpaceX will file its initial public offering application with the U.S. Securities and Exchange Commission next week, a source close to the matter told AFP on Thursday. A security guard stands near SpaceX Starship at SpaceX’s Boca Chica launch site in Texas, U.S., in 2024 The aerospace company had already filed an initial document in early April, but confidentially, a standard first step in the process leading to a listing. The second version is expected to reveal to the publi
May 171 min read
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