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The Independent UK
The Independent UK
Business
Katie Hawkinson

Why Elon Musk’s SpaceX joining Wall Street could have a big impact on your 401K

Elon Musk’s SpaceX is about to become a public company - and the move could impact Americans’ retirement accounts, some experts have warned.

Last month, SpaceX unveiled plans to publicly sell its stock for the first time. The company’s initial public offering, expected June 12, is on track to be the largest in history at a projected $1.75 trillion and could put Musk on a path to becoming the world’s first trillionaire.

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