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International Business Times UK
International Business Times UK
Technology
Jan Kevin Bautista

SpaceX Plans Historic Stock Market Launch as Value Soars on Starlink Success

Rocket ship launching during daytime (Credit: SpaceX/Unsplash)

SpaceX, the rocket company owned by billionaire Elon Musk, is preparing for what financial experts are calling a monumental moment in economic history. Reports have confirmed that the company is making plans to list its shares on the stock market. This move, known as an Initial Public Offering (IPO), would allow members of the public to buy a piece of the company for the first time.

The decision comes after the massive success of Starlink, the company's satellite internet business, which has caused the total value of SpaceX to skyrocket to record-breaking levels.

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