What Happened
Elon Musk's Venture To Become Largest Public Offering In History
SpaceX, led by Elon Musk, has unveiled plans for a record $75 billion initial public offering, with an initial public offering price of $135 per share. This blockbuster debut is set to make Musk the first-ever trillionaire and will be the largest public offering in history, surpassing the previous record set by Saudi Aramco in 2019. The IPO is a significant development in the commercialization of space travel and reflects Wall Street’s current fixation on artificial intelligence, as reported by CNN.