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France 24
France 24
Europe · 50 mins ago
Will the stars align for SpaceX IPO?
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Will the stars align for SpaceX IPO?
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.
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