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Elon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale
Key takeaways
- Space X has said shares should sell to the public for at least $135 (£100) when it becomes a publicly traded company on Friday, in what is expected to be the highest-value stock listing in history.
- The estimated price is the same as the space exploration and artificial intelligence (AI) company set a week ago, lifting the firm's valuation to nearly $1.8tn.
- Space X is aiming to raise $75bn through its initial public offering (IPO).
Why this matters: a developing story that could shape the day's news cycle.
Space X has said shares should sell to the public for at least $135 (£100) when it becomes a publicly traded company on Friday, in what is expected to be the highest-value stock listing in history.
The estimated price is the same as the space exploration and artificial intelligence (AI) company set a week ago, lifting the firm's valuation to nearly $1.8tn.
Space X is aiming to raise $75bn through its initial public offering (IPO).
Article preview — originally published by BBC News. Full story at the source.
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