SpaceX files for IPO that could make Elon Musk a trillionaire
SpaceX has announced plans to go public in the US, potentially making Elon Musk a trillionaire. The initial public offering (IPO) is expected to be the largest in Wall Street history and could occur next month. SpaceX is known for its rockets, the Starlink satellite internet service, and Musk's AI firm xAI.
- ▪SpaceX plans to go public in the US stock market.
- ▪The IPO could be the largest in Wall Street history.
- ▪Elon Musk could become a trillionaire due to his shares in SpaceX.
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SpaceX files for IPO that could make Elon Musk a trillionaireJust nowShareSaveAdd as preferred on GoogleLily JamaliNorth America Technology Correspondent, San FranciscoGetty ImagesElon Musk's SpaceX has revealed its plans to go public in the US, allowing people to trade shares in the firm on the stock market.SpaceX makes rockets, offers a satellite internet service called Starlink, and also owns Musk's controversial artificial intelligence (AI) firm xAI.The initial public offering (IPO) on the US stock market is set to be the largest in Wall Street history and could start next month under the ticker symbol SPCX.Because of the shares he will own in SpaceX, the IPO could make billionaire Musk, who is already the world's richest person, a trillionaire.Elon Musk's SpaceX set to be worth $1…
Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News — Business.