The unusual IPO timing underscores Elon Musk's history of mixing personal whims with business decisions

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 sky -- a conjunction that occurs for the first time in more than three years on June 8-9, the FT said, citing people familiar with the matter.

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