Elon Musk’s problem children could spoil his Wall Street dream

Elon Musk initiated the largest initial public offering in history for SpaceX on April 7, 2026, targeting a valuation of $2.5 trillion. Musk aims to raise $75 billion, significantly surpassing the record set by Saudi Aramco. The success of this move hinges on investor confidence in Musk's ambitious vision for a space-based conglomerate.

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Summary by Glance · Original reporting by The Age