SpaceX, Elon Musk
Digest more
SpaceX Chief Executive Officer Elon Musk unveiled a more detailed look at an initial version of an AI data center satellite that the company plans to build, providing more insight into the ambitious project that is driving SpaceX’s highly anticipated IPO set to take place later this week.
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.
1hon MSN
SpaceX IPO: Great business, wrong price? Why Aswath Damodaran is skipping Musk’s mega offering
Despite the excitement surrounding SpaceX’s highly anticipated IPO, valuation expert and NYU professor Aswath Damodaran plans to stay away from the offering, citing concerns over its pricing. While he values the company at around $1.
Musk, who stands to become the world’s first trillionaire if all goes according to plan, has set the price of SpaceX shares at