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SpaceX IPO to launch Elon Musk toward $1tn
SpaceX is set to go public with an initial share price of $135, potentially boosting Elon Musk's net worth above $1 trillion if the company's market value reaches nearly $1.8 trillion. The IPO has generated significant hype and public interest, with some concerns about overvaluation and market volatility. Musk retains majority control of SpaceX through voting rights, and trading is expected to start soon, with early trading likely to see a sharp increase in share price.
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