3 days ago
SpaceX files for stock market debut that could make Elon Musk a trillionaire
Musk's rocket-maker and satellite internet provider will trade under the ticker SPCX
- SpaceX filed for an IPO under the ticker SPCX, marking one of the most anticipated stock market debuts in history.
- Analysts estimate the company's valuation could exceed $300 billion, making Elon Musk the world's first trillionaire if his 44% stake holds.
- SpaceX's Starlink business generated over $4.6 billion in revenue in 2022, with subscribers growing to over 2.5 million by early 2025.
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BBC Business
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