Elon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale
Elon Musk's SpaceX valued at nearly $1.8tn ahead of record share saleJust now Share Save Add as preferred on GoogleGetty ImagesSpaceX has said shares should sell to the public for at least $135 (£100) when it becomes a...
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A significant story is unfolding on the international scene. Elon Musk's SpaceX valued at nearly $1. 8tn ahead of record share saleJust now Share Save Add as preferred on GoogleGetty ImagesSpaceX has said shares should sell to the public for at least $135 (£100) when it becomes a publicly traded company on Friday, in what is expected to be the highest-value stock listing in history.
The estimated price is the same as the space exploration and artificial intelligence (AI) company set a week ago, lifting the firm's valuation to nearly $1. SpaceX is aiming to raise $75bn through its initial public offering (IPO).
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Should shares sell at the suggested price, or more, depending on market supply and demand, SpaceX founder and chief executive Elon Musk - already the richest man in the world - will be the world's first trillionaire. SpaceX's stock market blast-off could be Musk's biggest gamble yetWho can buy shares in Elon Musk's SpaceX?
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The development has drawn wide international attention, with diplomatic circles watching closely.
