SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire

NEW YORK (AP): SpaceX says it plans to raise up to US$75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire.
The company, formally known as Space Exploration Technologies Corp, said on Wednesday it will sell 555.6 million shares at US$135 apiece. The offering would give SpaceX a market value of US$1.77 trillion. Only six companies in the S&P 500 are currently worth more, with Nvidia tops at US$5.2 trillion.