The world of finance is creaming its pants over the imminent public offering for SpaceX, Elon Musk‘s space-flight operation. It might be the largest such offering in history, according to Axios, which delivered the news under the headline “SpaceX’s monster IPO is unlike anything we’ve seen.”
SpaceX is predicted to become the first company to debut on the stock market already valued at more than not just $1 trillion, which is in itself a record, but $2 trillion — instantly dwarfing the wealth of Walmart, Meta or ExxonMobil. In fact, if SpaceX’s pitch goes through, it would rank behind only five companies in the S&P 500 Index — Apple, Alphabet, Microsoft, Nvidia and Amazon. It will also, of course, cement Musk, who is already worth some $817 billion, as history’s first-ever trillionaire.
