Simon Lambert
👤 SpeakerAppearances Over Time
Podcast Appearances
But I quibble.
I had an email telling me I was going to get £100.
I'm not arguing with that.
Well done, Simon.
Well done.
Right, Simon, start of the week, please.
$1.75 trillion.
That is the valuation that Elon Musk is aiming for for SpaceX in what would be the biggest IPO in history.
Finger in the air.
Well, they're not saying that it would definitely be that.
It's a range.
It might not be that much.
It could be considerably lower than that.
But he's only looking to raise $75 billion in this IPO.
But to put that in perspective, the filing to the SEC showed that he would retain 85.1% of the combined voting power of the company.
So he's only actually putting a very small amount of the company onto the stock market.
It is still, due to that limitation, probably likely to be highly subscribed.
It's probably, because of that, likely to be very much in demand.
It's probably likely to pop on open.
What will happen after that?