- SpaceX is launching a massive IPO next week — millions of shares on Nasdaq (around $135 each), aiming to raise at least $75bn and value the company near $1.75tn, with retail investors able to apply.
- Musk plans to use the cash for wild, sci‑fi projects — colonising Mars, asteroid mining and putting AI data centres in orbit — which excite many but invite scepticism.
- There are big risks: SpaceX has a history of net losses, Musk will retain >80% voting control, and the stock could be very volatile — essentially a bet on Musk more than guaranteed profits.
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