Elon Musk's rocket company, recently merged with xAI, is aiming to raise $75 billion in its initial public stock offering. It's the first of a trio of mega-IPOs from AI companies expected this year.
SpaceX's mega-rocket Starship makes a test flight from Starbase, Texas, on May 22.
Eric Gay/AP Photo
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Eric Gay/AP Photo
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Share offering could surpass Saudi Aramco’s record $29.4bn listing, with sale set for June 11
If the IPO proceeds, Elon Musk's company would shatter the fundraising record previously held by an oil giant.
Share offering could surpass Saudi Aramco’s record $29.4bn listing, with sale set for June 11
Elon Musk’s AI and rockets company will launch on the stock market on 12 June
