How Elon Musk Engineered the World’s Biggest I.P.O.

Description

SpaceX, Elon Musk’s rocket and satellite maker, is set to go public and begin selling shares as soon as next week. Ryan Mac, who reports on business, explains the plan for the company’s expected record-shattering debut on the stock market, and how it is changing the rules for investing. Guest: Ryan Mac, a New York Times reporter based in Los Angeles who covers corporate accountability across the global technology industry. Background reading: Why sky-high I.P.O. pricing isn’t great for real people. From April: SpaceX filed to go public, setting the stage for a huge I.P.O. Photo: Steve Nesius/Reuters For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.