Musk considers flotation valuing Space X at $1.5tn 

IPO would coincide with planetary alignment and the multibillionaire’s birthday, says report

Elon Musk’s SpaceX is considering a flotation valuing the rocket company at $1.5 trillion (€1.25tn) that will reportedly be timed for early summer to coincide with a planetary alignment and the multibillionaire’s birthday. Picture: AP Photo/Markus Schreiber

Elon Musk’s SpaceX is considering a flotation valuing the rocket company at $1.5 trillion (€1.25tn) that will reportedly be timed for early summer to coincide with a planetary alignment and the multibillionaire’s birthday.

The world’s richest person is targeting a symbolic date of mid-June for the initial public offering, according to the Financial Times. This would be around the same time as Jupiter and Venus appear in close proximity to each other and shortly before Musk turns 55 on 28 June.