SpaceX $1.5 billion IPO could help Google earn $111 billion: Here’s how
SpaceX might be ready to go public soon, and if its $1.5 billion IPO is up, the aeronautics and satellite connection firm may make someone else richer than CEO Elon Musk – Google-parent Alphabet. The IPO, which is set to make Musk the world’s first trillionaire, could help Google earn up to $111 billion in profits.
If you re wondering why Google gets to benefit from SpaceX’s IPO, the reason dates back to an investment made by Google nearly a decade ago.
