Elon Musk’s mega-conglomerate SpaceX is about to launch an initial public offering of stock that is expected to break records — and soon the world will know just how historic that IPO is going to be.The listing price is expected to be revealed late Thursday, and the stock is expected to start trading publicly on Friday under the ticker SPCX. It could be the biggest initial public offering ever, eclipsing the current record holder, Saudi Aramco, whose 2019 listing netted $29.4 billion.SpaceX acquired Musk’s AI company, xAI, this year, and that makes it part of a trio of huge artificial intelligence-related IPOs in the works. ChatGPT maker OpenAI and Anthropic, owner of the popular Claude AI models, have also filed paperwork with the Securities and Exchange Commission to begin the process of what are sure to be giant IPOs of their own, likely later this year. Do you think that the SpaceX IPO is as much a test of investor appetite for rocketry and artificial intelligence?
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OpenAI expects to go public within the next year