
The unusual IPO timing underscores Elon Musk's history of mixing personal whims with business decisions. SpaceX is targeting a mid-June initial public offering that would coincide with a rare planetary alignment and founder Elon Musk's birthday, the Financial Times reported on Wednesday, as the billionaire entrepreneur seeks to raise a record $50 billion. The rocket company is planning its IPO for when Jupiter and Venus appear very close together in the sk