SpaceX Set to Go Public on June 12 with $80 Billion IPO Target

Elon Musk's space exploration company SpaceX is preparing to enter the stock market on June 12 through an initial public offering. The company aims to raise up to $80 billion from investors in what would be one of the largest IPOs in recent years. SpaceX, which has revolutionized space travel through its reusable rocket technology and provides satellite internet services through its Starlink division, has been privately held since its founding in 2002. The public offering would give investors the opportunity to own shares in the company that has secured major contracts with NASA and has been at the forefront of commercial space exploration.