What Happened
Elon Musk's Space Company Prepares For Public Listing
SpaceX, the private space company founded by Elon Musk, has selected underwriters for its initial public offering (IPO). The move is a significant step towards the company’s public listing, which could provide a substantial influx of capital for its various projects, including Starship and satellite constellations. While details of the IPO have not been disclosed, the news was reported by CNBC.