All posts tagged: trillionaire

SpaceX files for IPO in move that could make Elon Musk the world’s first trillionaire

SpaceX files for IPO in move that could make Elon Musk the world’s first trillionaire

Published by Sam Flores

IE 11 is not supported. For an optimal experience visit our site on another browser. Former astronaut talks about NASA saying goodbye to Maven mission 03:56 Now Playing SpaceX files for IPO in move that could make Elon Musk the world’s first trillionaire 02:03 UP NEXT Sonic booms heard around the U.S. 02:38 Blue Origin’s New Glenn rocket explodes during engine-firing test in Florida 00:52 Breaking down the latest release of UAP files 08:10 NASA’s Jared Isaacman shares moon base plans 13:31 NASA unveils plans for base on the moon 01:27 SpaceX successfully launches prototype of Starship rocket 09:41 SpaceX scrubs Starship V3 rocket launch 05:26 New details on NASA’s Artemis III mission 05:04 Pentagon releases declassified UFO files 02:03 Pentagon releases batch of UFO files spanning decades 03:19 Trump meets with Artemis II crew after historic mission 01:25 Vast is building the first commercial space stations 03:00 Ed Buckbee, US Space and Rocket Center Founder, Dies at 89 02:02 Hubble telescope celebrates 36th anniversary 06:15 Astronauts for America Founders Share Mission Behind Nonprofit 05:05 …

SpaceX Files Initial Paperwork to Sell Shares to the Public and Likely Make Musk a Trillionaire

SpaceX Files Initial Paperwork to Sell Shares to the Public and Likely Make Musk a Trillionaire

Published by Sam Flores

NEW YORK (AP) — Elon Musk’s space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that would likely rank as the biggest ever and could make its founder the world’s first trillionaire. A SpaceX IPO promises to be one of the biggest Wall Street events of the year, with several investment banks lining up to help raise tens of billions to fund Musk’s ambitions to set up a base on the moon, put datacenters the size of several football fields in orbit and possibly one day send a man to Mars. The sources spoke on condition of anonymity because they were not authorized to talk publicly about the confidential registration with the Securities and Exchange Commission. SpaceX did not respond immediately to a request for comment. Exactly how much SpaceX plans to raise has not been disclosed but the figure is reportedly as much as $75 billion. At that level, the offering would easily eclipse the $29 billion that Saudi …

Elon Musk closer to becoming first-ever trillionaire as he marks major milestone | US News

Elon Musk closer to becoming first-ever trillionaire as he marks major milestone | US News

Published by skeptic

Elon Musk has just gotten even closer to being the first-ever trillionaire after a court reinstated his Tesla stock options worth billions. According to Forbes’s billionaires index, the Tesla chief executive’s net worth climbed to $749bn (£559bn) on Friday, making Musk the first person to surpass the $700bn milestone. He is already the world’s richest man, and around $500bn (£373bn) richer than the second-richest, Google co-founder Larry Page, the index reports. It follows the Delaware Supreme Court’s ruling to reinstate his 2018 Tesla stock options worth $139bn (£103bn), which were rescinded last year. That year, Musk was awarded a pay package including stocks worth $56bn (£41bn) at the time, but it was struck down in a lower court in 2024 as the compensation was “unfathomable”. Delaware judge Kathaleen McCormick concluded after a five-day trial that Tesla’s directors were conflicted and key facts were hidden from shareholders when they voted to approve the plan. On Friday, the state supreme court ruled that rescinding the pay package left the Tesla head “uncompensated for his time and efforts …