SpaceX IPO:

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$75 Billion Targeted

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Musk’s Entangled Empire

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A SpaceX Falcon 9 rocket launched from Cape Canaveral Space Force Station in Florida.

A SpaceX Falcon 9 rocket launched from Cape Canaveral Space Force Station in Florida. Photographer: Keegan Barber/NASA/Getty Images

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By Jordan Fitzgerald and Natalia Kniazhevich

June 10, 2026 at 6:43 PM UTC

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Anna Watts, a 33-year-old public relations manager in New York, has stashed away $6,500 to buy SpaceX stock after it hits the market Friday. If she had her way, she’d buy even more. She tried to borrow $5,000 from her best friend and applied for a bank loan, too, but both turned her away.

Watts has been a fan of Elon Musk since she bought a few shares of Tesla Inc., his other publicly traded company, two years after its 2010 IPO and watched them go on to soar as his bet on the electric car turned him into the world’s richest man. So, like thousands of others, she’s eager to get a piece of his bigger follow-up act — one that bundles artificial intelligence, satellite communications and even long-shot hopes of colonizing Mars.

Read Original at Bloomberg.com