18:04:12 EST Fri 12 Dec 2025
Enter Symbol
or Name
USA
CA



Tesla CDR (CAD Hedged)
Symbol TSLA
Shares Issued 23,550,000
Close 2025-12-11 C$ 39.45
Market Cap C$ 929,047,500
Recent Sedar Documents

Globe/wire say Tesla's Musk seen moving on SpaceX IPO

2025-12-12 09:12 ET - In the News

The Globe and Mail reports in its Friday edition that investors welcomed reports that SpaceX was mulling a potential IPO that would help finance Elon Musk's Mars ambitions and value the rocket and satellite company at more than $1-trillion (all figures U.S.). A Reuters dispatch to The Globe says SpaceX is looking to raise more than $25-billion in an initial public offering that could come as early as June. Though it is a high-risk and capital-intensive business, the demand for shares from retail investors will be "substantial," Shay Boloor, chief market strategist for Futurum Equities Research, told Reuters. "It's going to be the craziest IPO in the history of the stock market. If it's trying to go for $1.5-trillion, I wouldn't be surprised if it goes up to over $2-trillion once it gets open." SpaceX chief executive officer, chief designer and founder Mr. Musk's unorthodox management style and anti-establishment rhetoric are not a deterrent, investors and analysts said. The five companies Mr. Musk leads, including electric-vehicle maker Tesla, have been fraught with civil fines and clashes with regulators. This includes the time he falsely claimed in 2018 that he had "funding secured" to take Tesla private.

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