SpaceX is ready...the world's biggest IPO is coming, Elon Musk will become more richer

Elon Musk SpaceX IPO:  The world's biggest IPO is coming, and it will be brought by the world's richest man, Elon Musk. According to reports, Musk is preparing to launch an IPO for his company SpaceX, which will top the list of the largest initial public offerings in history. It is believed that this issue could be launched next year, and after this, Elon Musk's net worth could double.

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SpaceX's valuation will reach this much

According to a Bloomberg report, Elon Musk's aerospace company SpaceX is planning to raise $30 billion (approximately ₹2.7 lakh crore) next year. Through this IPO, the company's valuation could reach $1.5 trillion. However, there has been no official statement from Elon Musk's company SpaceX regarding this IPO plan yet.

Elon Musk is currently the number one richest person

The report stated that SpaceX's entry into Wall Street will further significantly increase Elon Musk's vast wealth. Currently, according to the Bloomberg Billionaires Index, Elon Musk is the number one richest person in the world with a net worth of $465 billion. His wealth increased by $4.46 billion in just 24 hours.

What will be the benefit for Elon Musk?

The money raised by SpaceX through the IPO will go directly to the company, not to Elon Musk. However, according to reports, Elon Musk owns almost half of SpaceX's shares, so his total wealth will see a significant increase. According to the Bloomberg Wealth Index, at a valuation of $1.5 trillion, Elon Musk's stake in SpaceX alone would be worth more than $625 billion, while its current value is approximately $136 billion.

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Summary

Speaking of the giants who have invested in Musk's SpaceX, it has attracted financial giants like Google's parent company Alphabet and Fidelity Investments. According to PitchBook, the company has raised $10 billion in funding so far, and whenever it has raised funding, the number of people willing to invest has been far greater than needed.