From her bedroom in Miami, Daniella Rodriguez watched SpaceX hit the stock market Friday and blast off. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Rodriguez, 23, had a stake in the game: She was allocated one share of SpaceX ahead of its blockbuster initial public offering and … Read more
SpaceX’s public offering creates new millionaires: “I don’t have the words, honestly” – CBS News Watch CBS News SpaceX’s market debut made Elon Musk a trillionaire on Friday. The company has also minted thousands of new millionaires. Jo Ling Kent reports. Source link
Elon Musk has become the first person to cross the trillionaire threshold, at least on paper, after SpaceX priced its blockbuster initial public offering at $135 a share. Before the IPO, Musk was worth an estimated $813 billion, a fortune more than twice as large as the planet’s second-richest person, Google co-founder Larry Page, who is worth … Read more
SpaceX’s first employee and Elon Musk shared an enthusiasm for model rockets. “I met Elon through an amateur rocket club, and he convinced me to leave that career and come do something exciting, which was one of the best decisions I ever made,” aerospace engineer Tom Mueller told CBS News senior business and technology correspondent … Read more
Previous large initial public offerings suggest SpaceX investors could be in for a bumpy ride after Elon Musk’s rocket company goes public on Friday. Companies staging major IPOs often see their share price surge over the first several days or weeks of trading, but then return to earth. Such stocks routinely fall below their offering price … Read more
SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world’s first trillionaire NEW YORK — SpaceX says it plans to raise up to $75 billion when it goes public this … Read more
Workplace accident came days before the Elon Musk-led company plans to launch a new version of its Starship rocket. Source link