SpaceX files for stock sale that could make Elon Musk a trillionaire

By David Goldman, Chris Isidore, CNN Elon Musk, CEO of SpaceX and Tesla, on 16 June, 2023. SpaceX has revealed its long-awaited plans to go public, shedding light on the finances and leadership. Photo: Gonzalo Fuentes/Reuters via CNN Newsource

SpaceX files for stock sale that could make Elon Musk a trillionaire. SpaceX has revealed its long-awaited plans to go public, shedding light on the finances and leadership of one of the largest, best-known and yet most secretive private companies in history. Elon Musk's rocket and satellite company revealed previously undisclosed details, including its board members, sales, profit, expenses and how it does business. It will trade under the ticker symbol SPCX. One thing it didn't disclose: How much the company expects to raise and what the company could be worth in what is widely predicted to be the biggest-ever initial public offering - perhaps by a factor of three. Those details will come later, just before it's set to go public. In the meantime, SpaceX delivered a compelling 277-page report about one of the world's most ambitious - if...