'SpaceX IPO could create $60B investor gains'

 SpaceX's planned initial public offering could deliver record-breaking returns for early investors, according to a report by The Information on Tuesday.

Venture firms including Founders Fund and Valor Equity Partners are projected to gain more than $60 billion each if the IPO proceeds at expected valuations. Sequoia Capital could also see returns exceeding $20 billion, highlighting what could become one of the largest venture capital paydays in history.

Previously, it was reported that SpaceX's planned IPO could also deliver hedge fund D1 Capital Partners one of the largest gains on Wall Street.

https://breakingthenews.net/Article/SpaceX-IPO-could-create-dollar60B-investor-gains/66323292