SpaceX’s IPO on Friday allows the public to buy shares of the combined rocket, AI, and social media company for the first time, and is raising enough money to likely make Elon Musk the first trillionaire.
He’ll have more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home country of South Africa (CNN cites the International Monetary Fund saying only 20 countries have economies larger than $1.1 trillion), now largely based on the promise of a business based on launching AI datacenters into space.
Follow along here for the latest updates.
- SpaceX is now public
- Elon Musk is encouraging race riots on the eve of SpaceX’s IPO
- Here’s the first SpaceX AI data center.
- The SpaceX IPO is great for Elon Musk and terrible for you
- SpaceX gets $4 billion contract to build missile-tracking ‘Golden Dome’ satellites
- In SpaceX’s IPO, Elon Musk is the risk factor
- SpaceX just filed for what could be the biggest IPO ever
- The SpaceX IPO is a trillion-dollar gamble on the future of space
- SpaceX reportedly files for IPO but it’s keeping the numbers secret (for now)
- Why is SpaceX going public?
TH
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This article was originally published by The Verge and written by Stevie Bonifield.
Read original article on The Verge