SpaceX plans record stock market debut that could make Elon Musk a trillionaire

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SpaceX is preparing to raise up to $75 billion in a stock market debut this month that could become the largest IPO ever, according to the company. The offering would place Elon Musk on a path to becoming the world's first trillionaire, assuming the valuation materializes and his stake appreciates accordingly. The aerospace manufacturer, which has conducted thousands of rocket launches and operates a satellite internet service, has become one of the most valuable private companies. The timing and exact terms of the IPO remain subject to market conditions, but the scale signals SpaceX's confidence in its business trajectory and investor appetite for space-sector stocks.