00:01SpaceX founder Elon Musk announced plans to sell shares to the public in what could become
00:08one of the biggest stock market launches ever. Reports say Musk hopes to raise about 64 billion
00:15euros from the sale. An offering of that size would be much bigger than the previous record
00:20holder, Saudi Aramco, which raised 22.4 billion euros when it went public. SpaceX lost 2.2 billion
00:29euros in 2025, even though it made 16.8 billion in sales, and it is still losing money this year.
00:37SpaceX says the money raised by stock sales will help fund missions to the moon and Mars as part of
00:44its long-term goal of making humans live on other planets. The SpaceX stock could also make Elon Musk
00:51the world's first trillionaire. The company's official document says part of Musk's pay will
00:57depend on whether he helps create a permanent city on Mars with at least one million people.
01:04Forbes currently estimates Musk's net worth at 722 billion euros, roughly equivalent to Poland's annual GDP.
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