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Musk’s SpaceX is shaping up as the biggest IPO on record. It’s also bending the rules to do so

  • Written by The Conversation
SpaceX's rocket Starship making a test flight in October 2025.

Elon Musk’s space exploration company SpaceX has filed confidential papers ahead of a planned public company listing on the US NASDAQ stock exchange.

The initial public offering (IPO) for the company controlled by the world’s richest man is targeting a total valuation of US$2 trillion. Musk plans to list only a small fraction of the...

Read more: Musk’s SpaceX is shaping up as the biggest IPO on record. It’s also bending the rules to do so

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