SpaceX Tender Offer Rockets Elon Musk
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SpaceX's public offering strategy will raise more than $30 billion—three times more than the company has raised in its entire 23-year existence since 2002.
Key Takeaways Elon Musk's SpaceX is reportedly hearing pitches from investment banks this week as the space exploration company considers going public in what could be the largest IPO to date.Next year could be a big one for IPOs: AI startups OpenAI and Anthropic are among the other private companies reportedly exploring going public next year.
Elon Musk on Monday became the first person ever worth $600 billion, Forbes said, on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800 billion.
Elon Musk has officially become the world's first person to reach a net worth of $600 billion, Forbes reported Monday, fueled by plans for his SpaceX startup to go public with an $800 billion valuation.
Dan Ives says the timing of a SpaceX IPO in 2026 is right. The analyst doesn't think a SpaceX IPO hurts Tesla, but rather expands the Elon Musk ecosystem.
The per-share price of US$421 in its latest secondary offering, laid out by chief financial officer Bret Johnsen in the memo to shareholders, is nearly double the US$212 a share set in July at a US$400 billion valuation.
SpaceX will reportedly begin hearing pitches from investment banks as it weighs a historic IPO that would propel Elon Musk toward becoming the world’s first trillionaire.
Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.