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Will the stars align for SpaceX's 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 retain near-total control of SpaceX, with 85 percent 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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By FRANCE 24 English
5
44 ratings
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 retain near-total control of SpaceX, with 85 percent 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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