FinanceNewsAPI
SpaceX plans biggest stock market debut ever — and it could make Elon Musk world's first trillionaire - CBS News
Overview
SpaceX’s plan to raise as much as $75 billion in its IPO had put Elon Musk on course to become the world’s first trillionaire, but the post‑IPO market retreat has reversed much of that gain. The subsequent sell‑off after the debut shows investor appetite for the massive offering was more mixed than initial pricing suggested, and it directly contributed to Musk losing his short‑lived trillionaire status.
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