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Wall Street faces space invasion as SpaceX nears historic launch
Reports indicate that SpaceX, the company founded by Elon Musk in 2002, is nearing the milestone of becoming the first technology and space company to be listed on the stock market with a market value of $1.8 trillion, following its application to list on the NASDAQ exchange. The company is expected to begin trading with more than 555 million shares at a price of $135 per share. This historic move could potentially enable Musk to become the world's first trillionaire. The success of the offering depends on investors' confidence in Musk's future vision, despite the company recording losses of $4.9 billion and revenues of $18.7 billion in 2025, with projections of sales reaching $28.5 trillion in its markets.
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