How Elon Musk Engineered the World’s Biggest I.P.O.
SpaceX is preparing the largest IPO in history, aiming to raise up to $75 billion at a $1.25 trillion valuation that could make Elon Musk the world's first trillionaire, while changing stock market rules to allow unprecedented retail access and rapid index inclusion despite the company currently operating at a $4.3 billion loss.