What Happened
Elon Musk's Reusable Rocket Company Prepares Historic Share Sale
SpaceX is planning to disclose its IPO prospectus as soon as next week, according to people familiar with the matter, as the company gears up for a historic share sale. The IPO is expected to be the largest ever, with a valuation of $1.25 trillion, and a listing size of $70-75 billion. This development was first reported by CNBC, citing sources close to the matter.