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Elon Musk's SpaceX IPO readies reveal blockbuster spending on rockets and AI

2 min read

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Geoff Brumfiel, photographed for NPR, 17 January 2019, in Washington DC.

A SpaceX rocket is getting prepared for another attempt to liftoff at NASA's Kennedy Space Center in Cape Canaveral, Fl., on Sept. 9, 2024.

Key facts

Summary

Elon Musk's SpaceX is getting ready to break new records on Wall Street and ordinary investors. IPOs allow public-markets investors, including individual investors, to buy shares in some of the buzziest and high-profile companies. Analysts are also hoping that the SpaceX IPO will kickstart what has been a relatively slow market for initial public offerings in the past several years. But there are some risks for individual investors looking to buy into SpaceX as it goes public.

#SpaceX #Elon Musk #Starlink #Donald Trump #Wall Street #Tesla