IPO, SpaceX
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The company estimates it has spent $15 billion developing its next-generation rocket.
The excitement around Elon Musk's SpaceX is palpable as the countdown for what is expected to be the biggest IPO in history starts now.
Elon Musk's rocket and sattelite firm will make IPO shares available on platforms such as Fidelity, Robinhood and Charles Schwab.
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Investors buying into SpaceX's nearly $2 trillion IPO are making a high-stakes wager that CEO Elon Musk can turn a fast-growing satellite business into something far bigger, using an unproven rocket to unlock an ambitious push into AI.
When most companies go public, they follow a simple rule: insiders can't sell their shares for 180 days after the IPO. SpaceX is taking an unusual approach that could allow pre-IPO investors to sell sooner.
15hon MSN
SpaceX is poised to raise more money in its IPO than was raised in last year’s 90 IPOs combined
But now a single IPO is poised to raise more money alone than all 90 of last year’s IPOs combined—and that means Wall Street will make more money, too. This super-whale is none other than Elon Musk’s SpaceX,
The world’s richest man announced plans Wednesday for one biggest sales of stock to the public ever for a space company currently losing billions of dollars year