SpaceX, Elon Musk and IPO
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Elon Musk's SpaceX, which has spent more than 2 years testing its Starship rocket from Starbase, Texas, could be going public. Here's what that means.
The billionaire’s X post about SpaceX going public comes a few days after reports of the rocket company’s recent private market offerings and 2026 IPO plans.
To buy into SpaceX’s audacious $1.5 trillion valuation in a listing next year, investors will need to have faith in Elon Musk’s equally galactic vision for his rocket and satellite maker, from orbital data centers to lunar factories to human settlements on Mars.
SpaceX's CEO also confirms that the company's rumored IPO is about generating funding to develop orbiting data centers using Starlink as a foundation.
NEW DELHI -Tesla and SpaceX CEO Elon Musk on December 10 said he is looking forward to tapping the Indian market with his affordable internet service Starlink. He responded to an X post by Union Communications Minister Jyotiraditya Scindia who had met Lauren Dreyer, Vice President and Senior Director–Starlink Business Operations at SpaceX.
Musk also nodded to public backlash over Tesla, referencing consumer protests in which demonstrators set cars on fire.
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Charlie Puth complains to Elon Musk about SpaceX rocket noise: 'Violently shook our whole house'
Residents near rocket launch sites and regulators have complained about the noise and potential environmental impacts of sonic booms.
The Elon Musk–run company is moving ahead with plans for an initial public offering that would seek to raise “significantly more than $30 billion.” Even relatively small balance-sheet allocations matter at that scale.