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Elon Musk's SpaceX aiming to raise $75bn in record IPO

Elon Musk's SpaceX aiming to raise $75bn in record IPO June 4, 2026SpaceX, the aerospace and satellite communications company headed by US tech billionaire Elon Musk, is planning to raise around $75 billion (€64.6 billion) through what would be a record-breaking initial public offering (IPO), according to a regulatory filing released Wednesday. SpaceX intends to offer 555,555,555 shares at an initial price of $135 per share in an offering which, based on approximately 13 billion shares...

Deutsche Welle 8d ago

Massive Effigy of Elon Musk Raised Over Times Square to Protest Grok

In the middle of New York City’s Times Square, a massive, inflatable effigy of billionaire Elon Musk towered over tourists and commuters earlier today. It was surrounded by black banners with statements alleging “Grok makes AI child porn” and “SpaceX owns Grok,” referring to the Musk-owned AI chatbot whose image-generation tool was used to create a flood of sexualized images of minors earlier this year. Masked attendants stood nearby, handing out flyers with additional information, but they...

Wired 3h ago

SpaceX courts Australian investors as government warns Elon Musk risk

As Elon Musk's SpaceX goes public, Australian government officials are flagging Starlink's risks Thu 11 Jun 2026 at 5:39am In short: About 200,000 Australians and several government agencies use Starlink, and major telcos are now partnering with SpaceX to expand satellite phone coverage. Federal government officials are privately flagging risks from relying on a foreign-owned provider, according to documents obtained by a freedom of information request.

ABC Australia 1d ago

Elon Musk’s SpaceX eyes $1.77tn valuation ahead of historic IPO

Elon Musk’s SpaceX eyes $1.77tn valuation ahead of historic IPO Texas-based rocket company announces plans to sell shares at $135 apiece, aiming to raise approximately $75bn. Elon Musk’s rocket company SpaceX is targeting a valuation of nearly $1.77 trillion in its blockbuster initial public offering (IPO), paving the way for the largest stock market debut in history. In a filing with the US Securities and Exchange Commission on Wednesday, SpaceX said that it plans to sell 555.6 million...

Al Jazeera 7d ago

Musk's SpaceX raises $75 billion in largest IPO ever

Musk's SpaceX raises $75 billion in largest IPO ever June 11 : Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion. The largest ever IPO cements SpaceX's status as one of the world's most valuable companies. Its shares will begin trading on the Nasdaq on Friday.

Channel News Asia 2h ago

SpaceX IPO makes Elon Musk the world's first trillionaire

SpaceX IPO makes Elon Musk the world's first trillionaire June 11 : Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world's first trillionaire. At a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a loyal following despite his stratospheric net worth and...

Channel News Asia 1h ago

Five ways Elon Musk's SpaceX upended Wall Street's IPO playbook

Five ways Elon Musk's SpaceX upended Wall Street's IPO playbook June 8 : Elon Musk is bringing his pioneering business style to the IPO world this week when his rocket and satellite maker SpaceX goes public, in ways that no other company has. Here is how SpaceX is breaking Wall Street traditions with its record $75 billion listing.

Channel News Asia 3d ago

SpaceX IPO tomorrow: Could Elon Musk become world's first trillionaire? Decoding the math

There is new money, old money, and then the kind of money that could make someone the world's first trillionaire!With SpaceX set to make its long-awaited Wall Street debut on Friday in what is expected to be the biggest IPO in history, that possibility may no longer seem far-fetched. If the listing goes as planned, Elon Musk's fortune could surge into territory that no individual has ever occupied. Elon Musk, already wealthy enough to buy football clubs, acquire AI companies and command a...

Times of India 12h ago

SpaceX IPO: Could Elon Musk become world's first trillionaire? Decoding the math

There is new money, old money, and then the kind of money that could make someone the world's first trillionaire!With SpaceX set to make its long-awaited Wall Street debut on Friday in what is expected to be the biggest IPO in history, that possibility may no longer seem far-fetched. If the listing goes as planned, Elon Musk's fortune could surge into territory that no individual has ever occupied. Elon Musk, already wealthy enough to buy football clubs, acquire AI companies and command a...

Times of India 12h ago

Elon Musk is steamrolling Wall Street to become a trillionaire

Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all...

The Verge 7d ago