NPR Business reports: Elon Musk's rocket company, recently merged with xAI, is aiming to raise $75 billion in its initial public stock offering. It's the first of a trio of mega-IPOs from AI companies expected this year.
lifestyle | money | NPR Business | June 11, 2026 9:00 AM
SpaceX is poised for blastoff with an IPO likely to break records
Elon Musk's rocket company, recently merged with xAI, is aiming to raise $75 billion in its initial public stock offering. It's the first of a trio of mega-IPOs from AI companies expected this year.
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