SpaceX IPO could make Elon Musk the world's first trillionaire, analysts say
By
Associated Press
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Summary
Elon Musk is poised to become the world's first trillionaire as SpaceX prepares for its initial public offering (IPO), which is expected to be the largest in history. Despite the company's losses and Musk's history of missed deadlines and wild claims, investors view him as a visionary. Forbes estimates Musk's net worth at $982.6 billion ahead of the IPO, just shy of the trillion-dollar milestone.
Key quotes
· 3 pulledElon Musk may never colonize Mars as promised, but enough investors consider the SpaceX founder to be a sort of miracle man that they'll help him reach another fantastic goal Friday when he takes the rocket company public.
The world's richest man is set to become its first trillionaire.
Known for his brilliant technology breakthroughs, as well as wild claims and missed deadlines, Musk is expected to break that trillion dollar mark in the biggest initial public offering ever as investors place bets on a company with losses as big as i
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