Tag: elon musk

SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut
Posted in Startups

SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut

SpaceX was on course to blow past $2 trillion in market valuation in its Nasdaq debut on Friday, reflecting the frenzy for the Elon Musk-led…

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At $135, SpaceX’s $1.77 trillion valuation — about $1.8 trillion on a fully diluted basis — ranks it among the 10 most valuable public companies in the world. (REUTERS)
Posted in Business

2.5 times more than Saudi’s Aramco: How big is SpaceX’s $75 billion IPO?

SpaceX priced the largest initial public offering in history on Thursday, selling 555.6 million shares at $135 each to raise $75 billion and valuing Elon…

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Elon Musk's SpaceX is seeking $75 billion in fresh funding as it prepares for what could become the largest IPO in history. (AFP)
Posted in Business

Will SpaceX’s IPO fund life on Mars, and a trillionaire?

SpaceX is launching history’s biggest public listing, propelling Elon Musk‘s wealth into the stratosphere. DW explores whether the firm’s out-of-this-world ambitions are truly cosmic or…

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FILE PHOTO: A 3D-printed miniature model of Elon Musk and a SpaceX logo are seen in this illustration created on January 23, 2025. REUTERS/Dado Ruvic/File Photo (REUTERS)
Posted in Business

Wall Street’s undignified SpaceX mania

“THE ICK”, a term popularised by Gen-Z daters, refers to the loss of romantic interest after a trifling but embarrassing behaviour by a crush. Admirers…

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Vehicles drive past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California. (AFP)
Posted in Business

SpaceX IPO fever sparks hunt for proxy plays in Asia

SpaceX’s $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk’s rocket company that…

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Elon Musk could become first trillionaire if SpaceX IPO succeeds (AP Photo/Matt Rourke, File) (AP Photo/Matt Rourke)
Posted in Business

Elon Musk could become first trillionaire if SpaceX IPO succeeds: Here’s how his net worth may cross $1 trillion

Elon Musk is already the world’s richest person, with an estimated net worth of about $273 billion, mainly from his holdings in Tesla stock and…

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SpaceX denied fast track to S&P 500 after IPO
Posted in Startups

SpaceX denied fast track to S&P 500 after IPO

SpaceX has been denied a fast track into the S&P 500 when the rocket and satellite company goes public, in a ruling that cuts off…

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Image for Goldman Sachs expects SpaceX AI revenue to surge 100-fold by 2030: Report
Posted in Startups

Goldman Sachs expects SpaceX AI revenue to surge 100-fold by 2030: Report

Synopsis Goldman Sachs expects SpaceX AI revenue to surge 100-fold by 2030, FT reports Goldman Sachs expects revenue from SpaceX‘s ‌AI ⁠division ⁠to surge to…

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Elon Musk's SpaceX aiming to raise $75bn in record IPO (Reuters)
Posted in Business

SpaceX IPO set to shake global markets as $75 billion listing sparks trillion-dollar valuation talk

Elon Musk’s company SpaceX is planning a massive stock market listing by initial public offering (IPO), which could be one of the biggest ever in…

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Danish pension fund excludes SpaceX citing governance and valuation
Posted in Startups

Danish pension fund excludes SpaceX citing governance and valuation

Danish pension fund Akademikerpension said on Friday it had placed SpaceX on its portfolio exclusion list ahead of the company’s initial public offering, citing concerns…

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