Musk's SpaceX eyes $1.5tn IPO: Google set for $100bn-plus gain; investors eye historic listing

Elon Musk-owned SpaceX is reportedly planning an IPO next year with a target valuation of $1.5 trillion, potentially boosting Musk's fortune to over $600 billion. This move could significantly benefit Google, a major outside investor, whose stake might become worth around $111 billion. Musk has confirmed the IPO plans, aiming to raise substantial funds for AI and robotics initiatives.