Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.
SpaceX has set an initial public offering price of $135 a share, which would value it at $1.77 trillion. Some investors are skeptical that the valuation is justified.
Of the 34,000 accounts, 20,000 were breached, giving hackers access to the account holders’ email addresses, phone numbers, birth dates and other personal data.