SpaceX confirms IPO plans
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By Joey Roulette, Ross Kerber and Echo Wang WASHINGTON, Dec 12 (Reuters) - Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.
SpaceX is planning to raise tens of billions of dollars through an initial public offering next year, multiple outlets have reported, and Ars can confirm. This represents a major change in thinking from the world’s leading space company and its founder, Elon Musk.
Recent news and comments from Musk point to a SpaceX IPO in 2026. This leaves many asking -- what does this mean for the company's Mars goal?
Elon Musk should wait until he gets the first red dust on his boots on the planet Mars before launching a SpaceX IPO, analysts have warned. They
This week, Elon Musk confirmed that SpaceX will go public — which could have major repercussions for Mars missions.
SpaceX intends to go public in 2026 and will seek a valuation of $1.5 trillion, according to media reports. Elon Musk's company has been private since its founding in March 2002. Over the past six days,
SpaceX is expected to raise more than $25 billion in one of the largest public offerings ever. But Musk has repeatedly emphasized that reaching Mars
SpaceX’s potential $1.5 trillion IPO faces scrutiny as investors weigh the profits of Starlink against the high costs of Elon Musk’s Mars ambitions.
Dec 13 (Reuters) - SpaceX is preparing to go public next year and has opened a secondary share sale that would value the company at $800 billion, according to a letter to shareholders sent by the company's CFO Bret Johnsen and reviewed by Reuters.
NASA has lost contact with one its three spacecraft orbiting Mars, the agency announced Tuesday. Meanwhile, a second Mars orbiter is perilously close to running out of fuel, and the third mission is running well past its warranty.