Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Business
Bernard Condon

SpaceX targets $135 IPO price with Elon Musk keeping 82.4% of company voting power

SpaceX is poised to raise up to $75 billion in its initial public offering this month, a move that would mark the largest-ever stock market debut and could propel Elon Musk to become the world's first trillionaire.

The company, formally known as Space Exploration Technologies Corp., announced Wednesday it plans to sell 555.6 million shares at $135 a piece.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.