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Elon Musk is about to boldly go where no man has gone before: trillionaire territory. Today, SpaceX confidentially filed for an initial public offering, eyeing a June launch that could raise $50 billion or more, according to the New York Times<\/a>. The rocket and satellite maker values itself at over $1 trillion, which would make it one of the most valuable companies ever to hit public markets.<\/p>\n Musk, 54, owns around 44 percent of SpaceX as of 2022. His current net worth sits at $823 billion, according to Forbes, with much of that tied to his SpaceX stake. If the company\u2019s valuation climbs after going public, he could become the first person with a 13-figure fortune.<\/p>\n The offering would also unlock massive paydays for SpaceX employees and investors who\u2019ve waited over two decades to cash out. A cool trillion could fund Musk\u2019s wildest ambitions: AI data centers in orbit, a moon colony and a city on Mars.<\/p>\n<\/p><\/div>\n Elon Musk is about to boldly go where no man has gone before: trillionaire territory. Today, SpaceX confidentially filed for an initial public offering, eyeing a June launch that could raise $50 billion or more, according to the New York Times<\/a>. The rocket and satellite maker values itself at over $1 trillion, which would make it one of the most valuable companies ever to hit public markets.<\/p>\n Musk, 54, owns around 44 percent of SpaceX as of 2022. His current net worth sits at $823 billion, according to Forbes, with much of that tied to his SpaceX stake. If the company\u2019s valuation climbs after going public, he could become the first person with a 13-figure fortune.<\/p>\n The offering would also unlock massive paydays for SpaceX employees and investors who\u2019ve waited over two decades to cash out. A cool trillion could fund Musk\u2019s wildest ambitions: AI data centers in orbit, a moon colony and a city on Mars.<\/p>\n<\/p><\/div>\n