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Elon Musk is eyeing an initial public offering for the popular SpaceX company sometime in June, according to the American “space” website. Financial Times. The billionaire reportedly wants the offer to coincide with his birthday (June 28), which is rare coordination Mercury, Venus and Jupiter (which will occur in early June).
Regardless of when it happens, SpaceX’s IPO is likely to be one of the largest in history: It’s looking to raise at least $50 billion at a $1.5 trillion valuation, according to the Financial Times (which also noted These numbers are likely to change).
The company wants more funding as it builds its Starship rocket, which aims to reach Mars. SpaceX is one of the country’s most valuable private companies, and it held last Secondary sale In December that would give it a valuation of $800 billion.