Elon Musk's SpaceX is about to make its debut on Wall Street. What to know - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Heuristic (v1/v3)
0.00 · CENTER
ML v2 (DistilBERT)
0.265 · RIGHT
Ensemble
0.133 · CENTER
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Article Excerpt
Elon Musk’s rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at US$135 apiece. Musk, already the world’s richest man, could become its first trillionaire.
Why go public now?
In a video conference on Musk’s social media platform X, he told JPMorgan CEO Jamie Dimon that people have suggested for the last 10 years that he take SpaceX public.
He’s doing it now because the company plans to put 100,000 next-generation Starlink satellites into orbit. Deploying AI data cen…
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