{"id":724682,"date":"2026-06-09T07:33:11","date_gmt":"2026-06-09T07:33:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/724682\/"},"modified":"2026-06-09T07:33:11","modified_gmt":"2026-06-09T07:33:11","slug":"australia-rolls-out-the-red-carpet-to-over-hyped-spacex-ipo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/724682\/","title":{"rendered":"Australia rolls out the red carpet to over-hyped SpaceX IPO"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Elon Musk has stated that he wants to be the world\u2019s first trillionaire. So it shouldn\u2019t come as any surprise that he\u2019s picked an inflated US$1.77 trillion valuation (US$135 per share) for this week\u2019s SpaceX IPO that would indeed make him a paper trillionaire, if enough global investors can be persuaded to hand over the record-breaking US$75 billion in cash he\u2019s asking for.<\/p>\n<p class=\"wp-block-paragraph\">And after corporate regulator ASIC controversially delivered a rapid-fire SpaceX prospectus approval, Australians are set to apply for what could be multiple billions of dollars worth of over-hyped SpaceX shares.<\/p>\n","protected":false},"excerpt":{"rendered":"Elon Musk has stated that he wants to be the world\u2019s first trillionaire. So it shouldn\u2019t come as&hellip;\n","protected":false},"author":2,"featured_media":724683,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[5799,64,63,99,96,25963,164,3120,5474,5437,3122],"class_list":["post-724682","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-asic","tag-au","tag-australia","tag-business","tag-commonwealth-bank","tag-commsec","tag-economy","tag-elon-musk","tag-investment","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/724682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=724682"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/724682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/724683"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=724682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=724682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=724682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}