SpaceX Could Be a Turning Point for Mega-IPOs
The global IPO market has been waiting for years for a significant success, and Elon Musk's SpaceX could bring the hoped-for breakthrough. The last company with a valuation over one trillion dollars was Saudi Aramco in 2019. With its valuation in the trillion-dollar range, Musk's cult-like influence among private investors, and growth potential in a forward-looking industry, SpaceX could set new standards.