Musk Says He Won’t Sell SpaceX Shares as IPO Filing Could Come Next Week
Updated
Updated · Bloomberg · May 16
Musk Says He Won’t Sell SpaceX Shares as IPO Filing Could Come Next Week
6 articles · Updated · Bloomberg · May 16
Elon Musk said on X that he is not selling any SpaceX shares, directly rejecting a user suggestion that he do so after a lockup period.
Next week is the key timeline hanging over the comment: SpaceX has been reported to be preparing a public filing for its long-awaited IPO as soon as then.
The statement gives investors and followers an early signal on Musk’s intentions ahead of a potential listing, with no share sale planned from his stake.
Is SpaceX's IPO a bet on space exploration or a lifeline for Musk's costly AI ambitions?
With a $2 trillion valuation, will investors accept a governance structure that makes its CEO 'unfireable'?