Name: Musk’s path to $1 trillion: SpaceX files for IPO, reports say
Uploaded: 2026-04-02T09:37:48.651Z
Duration: 1 min 5 s
Description: Elon Musk’s space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing — a blockbuster offering that would likely rank among the largest ever and could make its founder the world’s first trillionaire.

Elon Musk’s space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing — a blockbuster offering that would likely rank among the largest ever and could make its founder the world’s first trillionaire.

California

SpaceX, the space exploration company led by Elon Musk, has filed preliminary paperwork for an initial public offering, according to multiple reports. The IPO could potentially be the largest in history and is expected to value the company at up to $1.5 trillion, nearly double its previous valuation from December.

Reports indicate that SpaceX may seek to raise as much as $75 billion through the offering, though the exact figure has not been disclosed. Elon Musk, who currently owns 42% of the company, could see his net worth surpass $1 trillion following the IPO, with Forbes estimating his current net worth at approximately $823 billion.

Musk’s path to $1 trillion: SpaceX files for IPO, reports say

Elon Musk's space exploration company SpaceX has filed preliminary paperwork to sell shares to the public, according to multiple reports. The initial public offering would likely rank as the biggest ever and could make Musk the world's first trillionaire. Exactly how much the SpaceX IPO plans to raise has not been disclosed, but the figure is reportedly as much as $75 billion. The offering, coming possibly in June, could value all the shares of SpaceX at $1.5 trillion, nearly double what the company was valued in December when some minority owners sold their stakes, according to research firm PitchBook. Musk owns 42% of SpaceX now, according to PitchBook, though that figure will change with the IPO when new owners are issued shares. He's likely to pierce the trillion-dollar mark because he's already close. Forbes magazine estimates Musk's net worth at roughly $823 billion.

NASA’s historic Artemis II mission to the moon launched Wednesday evening, taking four astronauts into Earth's orbit and on a path toward the world's first crewed lunar mission in a generation, beginning a journey into remarkable territory.

Florida

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President Trump addressed the nation about the Iran war Wednesday night, saying that the U.S. would complete its mission there "very shortly." He also sought to assure Americans that the conflict with Iran would be brief compared to other wars in U.S. history and insisted that gas prices would go down quickly.

Washington

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London

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Tehran

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Breakdown