What Happened
Elon Musk's Rocket Manufacturer Becomes One of World's Most Valuable Companies
SpaceX, the rocket and spacecraft manufacturer founded by Elon Musk, has priced its initial public offering (IPO) at $135 per share, valuing the company at $75 billion. This makes SpaceX one of the world’s most valuable companies, and its public listing is seen as a significant milestone in the space industry. The IPO was reported by Reuters, which noted that the company’s valuation reflects a high level of confidence in its future prospects.