Leonard David's INSIDE OUTER SPACE

Image credit: SpaceX

Some are calling it the “Elon factor” – the highly anticipated initial public offering of SpaceX stock.

Last May, SpaceX filed with the United States Securities and Exchange Commission key documentation that signaled an initial public offering (IPO) of stock.

And this week, the long-anticipated public offering hit the streets, becoming the largest IPO in history.

At roughly a two trillion dollar valuation, SpaceX anticipates a $75 billion initial offering, with shares perhaps valued at $135 each, a dollar number that SpaceX can modify on its own.

SpaceX transitioning to a publicly traded company is a big deal, not only cash wise but may well power the future and potency of commercial space overall.

What’s all the chatter about this IPO? Go to my new Space.com story – “SpaceX to go public with a mind-bogglingly historic IPO today. The space industry may never be the same” – at:

https://www.space.com/space-exploration/private-spaceflight/spacex-to-go-public-with-a-mind-bogglingly-historic-ipo-today-the-space-industry-may-never-be-the-same