What Happened
Elon Musk's Space Company Prepares for Historic Wall Street Debut
Elon Musk’s SpaceX has filed paperwork for an initial public offering, aiming for a valuation of around $1.5 trillion, the largest in history. The company projects future revenue of $28.5 trillion, with $26.5 trillion coming from AI projects. SpaceX is expected to debut on the Nasdaq on June 12, with Musk retaining majority voting power. The IPO has been highly anticipated, and its success could have significant implications for the space industry. This development was first reported by the New York Post.