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SpaceX’s No 1 employee-turned-$4.26bn startup CEO hails ‘hockey stick’ rise of Musk’s rocket-maker
SpaceX's first employee, who first met Elon Musk in the early 2000s, is now a billionaire himself but no longer at the same company. Leaving the tech giant in 2020, he has since become the founder, CEO and CTO of a startup valued at $4.
Elon Musk’s rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.
SpaceX's entry will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs. Reuters U.S. M&A Editor-in-Charge Echo Wang examines the IPO and whether sky-high multiples are justified or reflect the so-called Musk premium.
SpaceX shared a 17-minute investor pitch from CFO Bret Johnsen for its upcoming IPO. He covers the rocket business, Starlink, AI, and more.
The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center.
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
SpaceX will sell its shares for $135 apiece during its IPO, yielding a valuation of $1.77 trillion.
The Tema Space Innovators ETF has come out of nowhere to become the largest space-themed ETF in just two months, thanks to a 10% weighting in SpaceX and outperformance versus peers.
The incoming week has exciting events on the horizon, including SpaceX's hot IPO, India's key inflation figures for India and the United States, Oracle Corp's fourth quarter earnings, and much more!