The Biggest Winners From SpaceX’s Record $1.75T IPO
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The Biggest Winners From SpaceX’s Record $1.75T IPO
SpaceX’s IPO could value the company at $1.75 trillion while ensuring Musk keeps control through a dual-class share structure.
Elon Musk and a circle of institutional and elite individual investors are set for enormous gains as SpaceX has confidentially filed with the SEC to go public, multiple news outlets reported yesterday (April 1). The IPO, expected as early as June, could value SpaceX at over $1.75 trillion and raise as much as $50 billion, giving early backers and Musk himself a spectacular payday.
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