Elon Musk has suggested timing a possible initial public offering of SpaceX to coincide with a planetary phenomenon and his birthday in June, the Financial Times reported.
Elon Musk has suggested timing a possible initial public offering of SpaceX to coincide with a planetary phenomenon and his birthday in June, the Financial Times reported. The owner of the rocket maker is considering timing the offering to coincide with when Jupiter and Venus appear very close together, the FT reported, citing five people familiar with the matter.
That suggests a date in the middle of June, the same month the billionaire turns 55. The logic behind such a choice would be surreal for most companies, but Musk has a long-held record of leaning into symbolism, and jokes with even the most serious business decisions. To be clear, the timing of IPOs is typically driven by investor appetite, market conditions and company readiness.Microsoft unveils latest AI chip to reduce reliance on NvidiaThe owner of Telsa tweeted about taking Tesla private at $420 a share, widely interpreted as a reference to April 20, a day of celebration for cannabis smokers. Musk’s decision to rename Twitter to X is also seen as a nod to his early payments startup X.com, a name that was lost when it merged with PayPal. SpaceX is looking to raise as much as $50 billion in the offering at a valuation of about $1.5 trillion, the FT reported, which would make it the largest IPO in history. SpaceX did not respond to the FT’s request for comment.Miss Manners: Here's why 'sir' and 'ma'am' aren't appropriate anymoreDear Abby: I'm going broke paying for what my partner's grandchildren consumeAsking Eric: She shows up late and then teases me for being uptight about timeHarriette Cole: Am I justified in escalating this frustrating dispute with my neighbor?Tim Cook slammed for partying at Melania Trump's movie after Pretti killing
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk’s Grok Is Under EU Investigation Over Sexual DeepfakesRegulatory scrutiny of nonconsensual sexual image generation is rising. But will it be enough to address the problem?
Read more »
EU launches probe into Elon Musk's X over deepfakes of undressed women and childrenToday's Business Headlines: 01/23/26
Read more »
Elon Musk and VC founder Vinod Khosla trade barbs on social mediaBusiness Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know.
Read more »
Elon Musk shares target date for Starship rocket’s next flightTech Product Reviews, How To, Best Ofs, deals and Advice
Read more »
Tesla CEO Elon Musk Says FSD Subscription Prices Will Rise “as Capabilities Improve”Musk talks often about an “infinite money glitch,” and FSD subscriptions appear to be what he’s referring to.
Read more »
Tesla's Troubles: Elon Musk's Political Entanglements Take a TollElon Musk's political activism is hurting Tesla's brand and financial performance, leading to sales declines and investor concerns.
Read more »