What Happened
Elon Musk's Space Company Targets Ambitious $2 Trillion Valuation
SpaceX, the rocket, satellite, and artificial intelligence company founded by Elon Musk, is planning to file publicly for its long-awaited initial public offering (IPO) as soon as Wednesday. According to people familiar with the matter, the company aims to kick off formal marketing by June 4, price its IPO as early as June 11, and list on June 12. This development was reported by Bloomberg.