Elon Musk's SpaceX files paperwork for what's likely to be the biggest IPO in history
Elon Musk's SpaceX has filed for what could be the largest initial public offering (IPO) in history, potentially raising around $80 billion. The IPO could value the company at over $1 trillion, surpassing the previous record set by Saudi Aramco. Despite recent financial losses, the IPO is anticipated to invigorate the market and allow public investors to buy into one of the most valuable tech companies.
- ▪SpaceX filed financial information with regulators for a potential IPO in mid-June.
- ▪The IPO could raise about $80 billion, making it the largest in history.
- ▪SpaceX's valuation could exceed $1 trillion, potentially surpassing Tesla's value.
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Business Elon Musk's SpaceX files paperwork for what's likely to be the biggest IPO in history May 20, 20265:27 PM ET By Maria Aspan , Geoff Brumfiel A SpaceX rocket is getting prepared for another attempt to liftoff at NASA's Kennedy Space Center in Cape Canaveral, Fl., on Sept. 9, 2024 . Joe Raedle/Getty Images North America hide caption toggle caption Joe Raedle/Getty Images North America Elon Musk's SpaceX is getting ready to break new records on Wall Street — and make one of the world's wealthiest men even wealthier. The space-launch company filed financial information with regulators to pull off what could be the biggest initial public offering ever in mid-June.
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