New Delhi, April 12 -- For years, SpaceX has remained one of the world's most valuable private companies, with founder Elon Musk arguing that its long-term ambitions-spanning rockets, satellites and space exploration-sit uneasily with the short-term pressures of public markets.
That may now be changing. SpaceX is reportedly preparing for a public listing that could raise about $75 billion and value the company at up to $2 trillion. There is no official confirmation yet.
If it proceeds, it would be the largest initial public offer (IPO) ever, and among the most consequential, marking the public debut of a company spanning rockets, internet infrastructure and artificial intelligence (AI).
Mint explains.
What is SpaceX planning and how b...
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