Elon Musk's aerospace company SpaceX is set to IPO, with current estimations making him the world's first trillionaire on its completion.

Elon Musk’s SpaceX unveiled plans Wednesday to raise $75 billion in an initial public offering of its stock that would value the company at roughly $1.77 trillion. The blockbuster…

SpaceX's upcoming IPO could raise $75 billion, positioning Elon Musk to become the world's first trillionaire.

SpaceX plans an IPO at $135 per share, valuing it at $1.77 trillion. Market sees closing cap above $1 trillion at 98.2% YES.

An additional 83.33 million shares would be available to purchase at the fixed rate after the first IPO by the initial investors, while Musk would keep 82% voting control in the…