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The Independent UK
The Independent UK
National
Via AP news wire

A look at the SpaceX IPO by the numbers

Elon Musk is all about big numbers — billions, trillions – and you can find them sprinkled throughout an extraordinary document he just filed to take his rocket maker public.

Running more than 250 pages, the prospectus for his SpaceX stock debut shows spending at a massive scale — greater than the economic output of some countries — and about to grow much larger as he races to make good on his promise to hurl men to distant planets. Money raised in the initial public offering — reportedly $75 billion or so — will help finance those futuristic, fantastical plans.

Assuming the IPO goes off without a hitch, it will rank as the largest ever. It will also likely make Musk, a major SpaceX owner and already the world’s richest man, the first trillionaire.

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