SpaceX IPO set to be biggest ever and could make Elon Musk a trillionaire (opens original article in a new tab)

SpaceX plans to raise $75 billion in its IPO, potentially making Elon Musk a trillionaire and giving the company a $1.77 trillion valuation, but the company is currently losing billions annually.

• SpaceX aims to raise $75 billion through its IPO, the largest ever, with a $1.77 trillion valuation.
• Elon Musk's voting control in SpaceX would be 82.4% through his Class B shares.
• SpaceX reported a $2.6 billion loss last year despite $18.7 billion in revenue.