SpaceX Is Going Public. Why a Tesla Merger Could Be Musk's Real Endgame

SpaceX’s initial public offering may be the largest IPO ever, but it might just be a prelude to the largest merger ever—a combination of Tesla with Elon Musk’s space venture.

On April 1, SpaceX reportedly filed confidentially for an IPO. It’s likely to raise $75 billion, more than double the $29 billion Saudi Aramco raised in 2019, and three times the $25 billion Alibaba Group Holding raised in 2014. Its valuation could come in close to $2 trillion, immediately making the company the sixth-most valuable in the U.S. Not bad for a venture that was worth only $350 billion a year ago and was founded by a 30-year-old who thought it was dumb to dispose of rockets as if they were plastic straws…Read Full Article