
May 24, 2026
✦mint
SpaceX's IPO is a bet gravity doesn't apply to Elon Musk
SpaceX is planning a huge IPO, aiming to raise $80 billion or more, by leaning on everyday investors. Elon Musk's reputation and the company's success, like Starlink, build trust. Despite red flags like big losses and related-party deals, SpaceX believes "space represents the largest economic frontier."