Elon Musk's SpaceX is preparing to sell shares to the public in a listing that values the rocket and AI group at about $1.75 trillion, with trading expected to start on 12 June and UK retail investors in line for roughly £1.5 billion of stock, according to documents seen by the BBC. The partial flotation, which bundles Musk's space business with his fast‑growing artificial intelligence venture xAI, could make Musk the world's first trillionaire and hand ordinary savers a stake in a company pitched as nothing less than the vehicle for making 'life multiplanetary.'
SpaceX pulled off a technically audacious Starship test in which its giant booster fell back towards Earth, reignited and then slowed its descent so precisely that engineers hope future flights will see it caught mid-air by the towering 'Mechazilla' launch tower.
