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France 24
France 24
Business
FRANCE 24

Elon Musk eyes record-breaking Wall Street debut with SpaceX IPO

Billionaire Elon Musk would keep control of SpaceX under the filed IPO documents currently under consideration by federal regulators
Billionaire Elon Musk would keep control of SpaceX under the filed IPO documents currently under consideration by federal regulators. © Brendan Smialowski, AFP

Elon Musk's SpaceX filed for a stock market debut on Wednesday that could become the largest IPO in history, seeking to raise up to $75 billion at a valuation of as much as $1.75 trillion, according to US media reports. Musk would remain CEO, CTO and chairman after the listing.

Elon Musk's SpaceX rocketed toward Wall Street on Wednesday, filing plans for what could become the largest initial public offering in history as the company seeks to raise up to $75 billion on the public markets.

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