Elon Muskβs rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.
Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the worldβs richest man in it all.
While Elon Musk may soon become a trillionaire, his rocket companyβs market debut is set to change the lives of its current and former employees, too.
Wall Street is giving its richest clients velvet rope access to this weekβs public listing of SpaceX, reflecting the growing importance of the wealth management business.
The billionaireβs new roots in Argentina are said to be partly motivated by concerns about the future of the United States and shared beliefs with Argentinaβs right-wing leader.