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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Elon Musk Didn't Start SpaceX to Build Rockets — The Original Mars Plan Was Surprisingly Simple

Elon Musk has a net worth of over $800 billion. (Credit: AFP News)

Elon Musk's dream of interplanetary travel is one step closer to becoming reality, as his rocket company SpaceX filed its IPO prospectus in an S-1 registration statement with the US Securities and Exchange Commission.

The rocket company is expected to trade under the ticker 'SPCX' on Nasdaq. It also revealed spending over $15 billion developing the Starship vehicle, which exceeds the company's original budget.

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