SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

IPO could raise up to $75bn, giving SpaceX market value of $1.75tn as it sets up Musk for extraordinary wealth

Space X is seeking to raise about $75bn through its imminent initial public offering, a company filing on Wednesday revealed, which would make it the largest IPO ever.

If the stock market launch – primed for next week – goes accordingly, founder Elon Musk, the world’s wealthiest person, could be poised to make history as the first trillionaire.