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Searched Tag: spacex ipo
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Musk set to be world’s first trillionaire as SpaceX raises $75B

June 12, 2026, 08:23 PM - 3 min read

His 42 per cent stake in the aerospace and artificial intelligence firm is estimated to be worth between $743 billion and $866 billion, pushing his total net worth beyond the $1 trillion threshold

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SpaceX aiming for largest IPO in history on June 12

June 11, 2026, 08:56 PM - 3 min read

At the proposed valuation, SpaceX could be worth $1.75 trillion, placing it among world’s most valuable listed firms, eclipsing the record set by Saudi Aramco, which raised $29.4 billion in its 2019 market debut

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SpaceX reveals plans for ‘biggest ever IPO’

May 21, 2026, 04:38 PM - 2 min read

Documents filed on Wednesday show Elon Musk's SpaceX lost US $2.6 billion from operations last year on $18.7 billion in revenue, and the losses kept piling up at the start of this year, too

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SpaceX still derives 50–80 per cent of its revenue from Starlink, a communications business which provides satellite internet to over 10 million users around the world.

SpaceX emerging as biggest IPO to date

April 17, 2026, 05:52 PM - 5 min read

If Elon Musk goes ahead with his plans to raise $75 billion for SpaceX, it would still represent just 3.75 per cent of the company’s total value

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