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Business · Video brief

SpaceX reveals plans for what could be the biggest-ever initial public offering

SpaceX is preparing for a monumental IPO, potentially eclipsing Saudi Aramco's previous record. With plans to raise $75 billion, the funds will fuel ambitious projects like moon and Mars colonization. Despite financial challenges, Starlink'...

AP News· May 20, 2026 · 11:31 PM · 26 views

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SpaceX is preparing for a monumental IPO, potentially eclipsing Saudi Aramco's previous record. With plans to raise $75 billion, the funds will fuel ambitious projects like moon and Mars colonization. Despite financial challenges, Starlink's earnings bolster SpaceX's prospects. Could this make Elon Musk the first trillionaire? #SpaceX #ElonMusk #IPO #Mars #Starlink

Originally reported by AP News. Read the full story →

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