Investors say Elon Musk's SpaceX trading debut will be 'craziest IPO' ever


FILE PHOTO: SpaceX logo and Elon Musk photo are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

BOSTON/NEW YORK, Dec 11 (Reuters) - Investors welcomed reports that SpaceX was mulling a potential IPO that would help fund Elon Musk's Mars ambitions and value the rocket and satellite company at more than $1 trillion, as some have been waiting for years to buy into the company.

SpaceX is looking to raise more than $25 billion in an initial public offering that could come as early as June, a person familiar with the matter told Reuters.

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