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On June 8, Reuters unveiled that Elon Musk is poised to introduce SpaceX to the IPO landscape with a groundbreaking approach. SpaceX intends to set its share price on June 11 and make its official debut on Nasdaq on June 12, trading under the ticker symbol 'SPCX'. The IPO is slated to issue 555.6 million shares at $135 apiece, aiming to raise $75 billion and value the company at an astonishing $1.77 trillion. This move could potentially make it the largest IPO in global history. Should the stock price climb to $138, Musk's personal fortune could surpass $1 trillion, crowning him as the world's first trillionaire. Operating across a broad spectrum of industries, including rocket launches, Starlink satellite internet, and AI, SpaceX has also inked significant computing power leasing deals with Anthropic and Google.
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