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SpaceX

  • Morgan Stanley and Goldman Space X IPO plan to curb post-float selloff

    Tech

    The Wall Street banks elected to work on Space X’s anticipated listing are drawing up plans to curb a post-IPO slump that could have detrimental effects to its valuation. Advisers on the deal are exploring whether insiders and early investors could be allowed to sell shares before the standard 180-day lock up has passed, according [...]

    Elon Musk speaking at a tech conference, wearing a suit, with a futuristic backdrop highlighting space exploration themes
  • Saba’s final push sparks investment trust reckoning

    Investing

    Edinburgh Worldwide Investment Trust has caved to years of pressure from US activist investor, Saba. Its chair tells Ali Lyon why it is asking shareholders to vote to break up the fund, and what it says about the wider investment trust industry. To Jonathan Simpson-Dent, being labelled a fraud, a liar and a romantic luddite [...]

    Boaz Weinstein, founder of Saba Capital, in a professional setting discussing financial strategies and market insights
  • Musk turns SpaceX IPO into sales push for Grok

    Tech

    Elon Musk is using SpaceX’s blockbuster IPO to do more than raise capital, he is also driving adoption of AI business. Banks and advisers working on the listing have been required to purchase subscriptions to Grok, the chatbot developed by xAI, it was reported on Saturday. Several firms have already agreed to spend tens of [...]

    Tech billionaire Elon Musk has been asked to serve in Donald Trump’s cabinet. (Photo by Apu Gomes/Getty Images)
  • Musk plans 30 per cent retail slice in SpaceX IPO

    March 27, 2026

    Elon Musk is considering allocating up to 30 per cent of SpaceX’s long-awaited IPO to retail investors, in a break from a standard Wall Street practice for what could be one of the biggest listings in years. The proposed structure, which is not yet final, would give individual investors a far larger share of the [...]

  • Tesla jumps on Musk’s $20bn AI chip push

    March 24, 2026

    Tesla shares climbed around 3.5 per cent on Monday after Elon Musk unveiled plans for Terafab, a huge semiconductor manufacturing project aimed at securing chip supply for the company’s next phase of growth. The stock rose to about $381 as investors responded positively to the announcement, as the firm looks beyond electric vehicles into AI [...]

  • Musk’s mega merger raises stakes for SpaceX IPO

    February 4, 2026

    Musk’s decision to absorb xAI into SpaceX may strengthen its growth narrative ahead of a mooted IPO. Or, it could add a trifecta of complexity, regulatory exposure and executive risk at a particularly sensitive moment. The all-stock deal values the combined group at around $1.25 trillion (£910bn), making it the world’s most valuable private company [...]

  • Musk’s SpaceX swallows xAI ahead of mega IPO

    February 3, 2026

    Elon Musk’s rocket company SpaceX has acquired his AI firm xAI in a deal valuing the combined business at roughly $1.25 trillion (£910bn) as the billionaire tightens control of his empire, ahead of a long-trailed IPO. The all-stock transaction, announced on SpaceX’s own website on Monday, values SpaceX at about $1 trillion, and xAI at [...]

  • Is Musk’s SpaceX IPO date written in the stars?

    January 28, 2026

    SpaceX may be aiming for the stars in more ways than one as Elon Musk has floated the idea of timing the rocket maker’s IPO to coincide with a rare planetary alignment, as well as his own birthday. The tentative window is mid-June, when Jupiter and Venus will appear unusually close together in the night sky, a [...]

  • Elon Musk’s Space X in talks with Wall Street banks over mega IPO

    January 23, 2026

    Elon Musk’s aerospace firm Space X is holding early-stage discussions with a flurry of leading Wall Street banks about a potential listing that could rank among the largest market debuts ever. According to the Financial Times, the company is considering Morgan Stanley, Goldman Sachs, JP Morgan Chase and Bank of America for senior roles on [...]

  • OpenAI, SpaceX, Anthropic: the tech giants lining up blockbuster IPOs

    December 28, 2025

    For more than a decade, Silicon Valley’s most powerful companies have stayed private for longer than ever before, buoyed by deep pools of capital and sovereign wealth funding. But, as interest rates remain higher, AI infrastructure costs balloon and some of the world’s largest private firms mature into businesses of national, and increasingly geopolitical, importance, [...]

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