SpaceX has gone public in a historic IPO, with shares initially priced at $135 each and aiming to raise $75 billion, which would make it the largest public offering ever. Elon Musk, who also leads Tesla, will maintain 85% voting control of the company. The move marks a significant milestone for the commercial space industry and Musk's growing business empire.
Background
SpaceX is a private American aerospace manufacturer and space transportation company founded by Elon Musk in 2002. The company has revolutionized the space industry with reusable rocket technology and has become a major player in both commercial and government space contracts.
- Source
- The Verge
- Published
- Jun 12, 2026 at 09:54 PM
- Score
- 9.0 / 10