Elon Musk's SpaceX is advancing plans for what could become the largest initial public offering in history, with thousands of engineers and employees standing to become overnight millionaires when shares hit the public markets.
The aerospace giant is targeting a mid-to-late 2026 listing at a valuation of approximately $1.5 trillion (£1.12 trillion), according to Bloomberg. The company aims to raise more than $30 billion (£22.4 billion), surpassing Saudi Aramco's $29 billion (£21.6 billion) record from 2019.
