SpaceX, Elon Musk and IPO
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SpaceX has authorized an insider share sale that values Elon Musk's rocket and satellite maker at about $800 billion, according to a company message seen by Bloomberg on Dec. 12.
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.
SpaceX is forging ahead with plans for an initial public offering to raise “significantly” more than $30 billion, sources told Bloomberg. The Elon Musk-led company is reportedly targeting a valuation of $1.
Alphabet may book a fresh accounting gain as a new SpaceX tender offer lifts the private company’s valuation and the value of Google’s stake.
Many tech billionaires, including Musk, fall squarely into the “proponents” category. With a blockbuster IPO on the horizon and Musk’s forecast that SpaceX’s newest rocket will start launching Starlink V3 satellites in 2026 as well, the company does appear uniquely well-positioned to lay the groundwork for orbital server farms.
Once Elon Musk decided to build a reusable spacecraft to carry his dreams of Martian colonization, the engineers at SpaceX knew they would need a special engine for the world’s most powerful rocket. Starship, as the vehicle came to be called, demanded ...
SpaceX and Amazon stand to get about 4% of the nearly $20 billion that states have proposed for rural broadband buildouts, representing roughly 21% of the locations under the federal BEAD program.
Arizona residents may have one more opportunity to see a SpaceX Falcon 9 rocket overhead before Christmas. But beware a morning launch window.
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