Will the stars align for SpaceX IPO?

Read full story on France24
Share
Will the stars align for SpaceX IPO?
AI disclosure

Summary

Expectations are high for the IPO of SpaceX. The company - which includes rockets, satellites, and AI units - could become one of the most valuable in the world following its market launch on Friday. Founder Elon Musk is set to retail near total control of SpaceX, with 85% of the voting rights. Igor Pejic, Tech Investing Strategist and author of the book "Tech Money," says Musk's personal influence is likely to draw in more investors - but the company is overvalued at $1.75 trillion.

Original reporting

Open original source

Related coverage

Read full article on France24

Get the AFBytes Brief

Major stories, AI-assisted analysis, and what to watch next. Free, monthly, unsubscribe anytime.