New York (United States), 11 June (LaPresse/AP) – SpaceX is set to make its Wall Street debut tomorrow, with institutional and retail investors ready to snap up the 555.6 million shares being offered as part of the IPO, at $135 each. Elon Musk, already the world’s richest man, could thus become the planet’s first trillionaire. Musk stresses that the company is going public because it needs funds to finance its projects to launch satellites and data centres into orbit. The company plans to launch 100,000 next-generation Starlink satellites into orbit, whilst the installation of artificial intelligence data centres in space represents a “huge new growth base, and that’s why we need capital”, Musk said in a video conference on X. SpaceX’s IPO is likely to become the largest ever, raising around $75 billion. Musk’s company also aims to become the first firm to send humans to Mars.
US: SpaceX set for Wall Street debut, Musk aims to raise $75 billion
New York (United States), 11 June (LaPresse/AP) – SpaceX is set to make its Wall Street debut tomorrow, with institutional and retail investors ready to snap up the 555.6 million shares being offered as part of the IPO, at $135 each. Elon Musk, already the world’s richest man, could thus become the planet’s first trillionaire. Musk stresses that the company is going public because it needs funds to finance its projects to launch satellites and data centres into orbit. The company plans to launch 100,000 next-generation Starlink satellites into orbit, whilst the installation of artificial intelligence data centres in space represents a “huge new growth base, and that’s why we need capital”, Musk said in a video conference on X. SpaceX’s IPO is likely to become the largest ever, raising around $75 billion. Musk’s company also aims to become the first firm to send humans to Mars.
