SpaceX Plans One of Largest IPOs Ever
2 days ago
Elon Musk has announced plans for what could become one of the largest initial public offerings in history for SpaceX.
New financial filings show the company lost more than $2.6 billion last year despite generating nearly $19 billion in revenue.
The planned IPO could surpass the record-setting public debut of Saudi Aramco and may push Musk’s personal wealth past the one-trillion-dollar mark.
Forbes currently estimates Musk’s net worth at more than $839 billion.
New financial filings show the company lost more than $2.6 billion last year despite generating nearly $19 billion in revenue.
The planned IPO could surpass the record-setting public debut of Saudi Aramco and may push Musk’s personal wealth past the one-trillion-dollar mark.
Forbes currently estimates Musk’s net worth at more than $839 billion.
