Image source, Getty ImagesByLucy HookerBusiness reporterPublished4 June 2026 Next week shares go on sale in Musk's Texas-based SpaceX, a company that is planning to colonise Mars and put artificial intelligence (AI) data centres in space. It is set to be the largest ever public sale of shares and will make SpaceX one of the US's top ten largest listed firms. But for those who invest, what exactly will they be buying and what are the risks? SpaceX is currently owned by Musk and other private investors. On 12 June millions of new shares in the company will go on sale and then will start trading publicly on the stock market in what is known as an Initial Public Offering, or IPO. The IPO aims to raise a vast amount of money – at least $75bn – and gives investors the chance to buy into a business whose activities range from space exploration and satellite communication to the social media site X and the controversial AI platform Grok.
Published: June 4, 2026 3:14 pm
Source: BBC — Read original