SpaceX's IPO is set to be the biggest ever and could make Elon Musk world's first trillionaire

SpaceX plans a $75 billion IPO, potentially making Elon Musk the first trillionaire, with a projected $1.77 trillion valuation. The company's prospectus reveals Musk will hold 82.4% voting power through Class B shares, though SpaceX reported a $2.6 billion loss last year despite $18.7 billion in revenue. The IPO document outlines ambitious plans for lunar and Martian colonization.