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Musk Confirms Reports on SpaceX IPO Next Yr
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Regarding reports saying that SpaceX may go public next year with a target to raise over USD30 billion, Elon Musk said the reports were accurate. Musk, however, denied earlier that SpaceX's valuation had reached USD800 billion. He also clarified that NASA is expected to account for less than 5% of the company's revenue next year, and the Starlink project is the company's largest revenue source. SpaceX, as he stressed, does not receive any subsidies from NASA. AAStocks Financial News |
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