SpaceX's stock market blast-off could be Musk's biggest gamble yet
SpaceX is preparing for a stock market launch that could make Elon Musk the world's first trillionaire. The company's mission is to make life multiplanetary and extend the light of consciousness to the stars. The IPO is a significant moment in the history of stock markets and will test investor optimism in the future of artificial intelligence.
- ▪SpaceX has filed for an initial public offering of its shares, which will be available to the public for the first time.
- ▪The company's valuation is expected to be staggering, with some estimates suggesting it could make Elon Musk the world's first trillionaire.
- ▪The IPO is not just about rockets, but also about the future of artificial intelligence and its potential impact on the global economy.
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SpaceX's stock market blast-off could be Musk's biggest gamble yet35 minutes agoShareSaveAdd as preferred on GoogleSimon Jack Business editorBBCIt's 07:25 am, 13 October 2024, at Starbase, near Boca Chica on the Texas side of the US/Mexico border, and on the launch pad stands the biggest rocket ever made. Its engines fire and it climbs into the skies over the Gulf of Mexico to cheers and screams in the SpaceX control room.But the launch is not the main event. What goes up must come down – and how it comes down will become a milestone in space exploration.Seven minutes later, the massive rocket booster that blasted the craft towards space starts falling back to Earth – until its engines reignite as planned.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News.