SpaceX goes public and is now worth trillions. What happens now?

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SpaceX goes public and is now worth trillions. What happens now?

Consider This from NPR

SpaceX is now publicly traded, and it’s leaning heavily into space and AI. What does that mean for us humans here on earth? Today, Elon Musk’s company SpaceX had a banner day in the stock market. The company is now valued at more than $2 trillion. That is, after an already record-breaking initial public offering, or IPO. That historic IPO is likely to make Musk the world’s first trillionaire. And while SpaceX isn't profitable yet, investors have big expectations for the company’s ambitions in space and artificial intelligence. For sponsor-free episodes of Consider This, sign up for C onsider This+ via Apple Podcasts or at plus.npr.org . Email us at considerthis@npr.org . This episode was produced by Alejandra Marquez Janse, with audio engineering by Ted Mebane and Becky Brown. It was edited by Courtney Dorning and Patrick Jarenwattananon. Our interim executive producer is Courtney Dorning. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy