Elon Musk announced plans Wednesday for one of the biggest stock sales ever by taking public a space company that is currently losing billions of dollars a year.
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Hundreds of companies raised a combined $70 billion by selling shares to the public in the United States last year.
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Elon Musk's SpaceX is set for the debut launch of its latest Starship iteration on Thursday, testing the most powerful version yet of the megarocket as the company targets a blockbuster initial public offering.
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