SpaceX's $75B IPO: Musk's Trillionaire Push

0:00SpaceX just dropped preliminary paperwork for a massive initial public offering, according to folks in the know. This could be the biggest stock sale ever, pulling in up to $75 billion and slapping a $1.5 trillion value on the whole company nearly double its December mark. Investment banks are scrambling to underwrite the deal, all to bankroll Elon Musk's wild plans like a moon base, giant orbital data centers, and eventually boots on Mars. Wall Street's buzzing because this lines up SpaceX's reusable rockets and startling satellites, the world's top satellite network with Musk's other buys. Like the X platform and his XAI outfit, no word yet from SpaceX on the details, but sources say it might hit his earliest June, turning private shares public in a frenzy. If it plays out, Musk could rocket pass billionaire status into trillionary territory, reshaving space travel and tech investing for good. No news, powered by AI.

1:00This is Canada News Today, I'm Corey with The Story.