SpaceX's IPO is set to be the biggest ever and could make Elon Musk world's first trillionaire
Headline from NBC 5 Dallas-Fort Worth
SpaceX says it plans to raise up to $75 billion in its stock market debut, putting Elon Musk on track to become the world’s first trillionaire.
NBC 5 Dallas-Fort Worth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way.
In a surprise move ahead of its investor roadshow, Elon Musk’s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.
NEW YORK (AP) — SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and
Musk’s satellite and rocket giant is targeting going public at a $1.75 trillion valuation, multiple outlets reported Wednesday. That would make Musk the first member of the four-comma-club.
NEW YORK -- SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire.
SpaceX targets a $75 billion IPO at $135 a share, implying a $1.75 trillion valuation as investors weigh bold AI plans, widening losses and governance risks.
LOS ANGELES — SpaceX, Elon Musk’s rocket maker and artificial intelligence company, set a price for its initial public offering on Wednesday of $135, which would value it at $1.77 trillion and crown it the largest IPO ever.
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
SpaceX plans to market about 555.6 million shares for $135 each, according to its filing with the SEC. At that price, it would have a market value of almost $1.77 trillion.
LOS ANGELES >> SpaceX, Elon Musk’s rocket maker and artificial intelligence company, set a price for its initial public offering on Wednesday of $135, which would value it at $1.77 trillion and crown it the largest IPO ever.
