Kraig Pakulski / Wednesday, May 20, 2026 / Categories: Regions, California; Santa Barbara County SpaceX files for stock sale that could make Musk a trillionaire By Chris Isidore, CNN (CNN) — SpaceX officially revealed its plans to go public on Wednesday, which would catapult Elon Musk’s already world-leading wealth to even greater heights. Musk founded SpaceX in 2002, initially entirely focused on building rockets and delivering payloads to outer space. It became a telecommunications company in 2021, with its first customers for Starlink, its satellite-based internet service. In February, Musk merged SpaceX with xAI, his artificial intelligence company, which includes his social media platform, X. This is a developing story and will be updated. The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. The post SpaceX files for stock sale that could make Musk a trillionaire appeared first on News Channel 3-12. Previous Article Visualizing the Ebola outbreak in maps and charts Next Article Tracking tornadoes, revenge porn, how to spend $1M: Catch up on the day’s stories Print 14 Rate this article: No rating Tags: CNN – Business/Consumer Please login or register to post comments.