SpaceX to be listed on stock exchange? Elon Musk says ‘at some point’
SpaceX CEO and billionaire Elon Musk has hinted at the possibility of his commercial spaceflight company listing ‘at some point’ in the future. Speaking at Tesla Inc’s annual shareholders meeting on Thursday, November 6, Elon Musk said he was “thinking hard” about how backers could access SpaceX shares.
“I want to try to find a way for Tesla shareholders to participate in SpaceX,” Musk said.
“I want backers to own SpaceX shares,” Elon Musk said. “I’ve thought a lot about how to give people access to SpaceX shares; maybe at some point SpaceX should become a public company, despite all the downsides of being publicly traded.”
Elon Musk also referenced the “2,500 shareholder threshold,” a regulatory benchmark when exceeded that typically requires private companies to go public. His comments reignited interest in SpaceX, which remains one of the world’s most valuable private companies.
Moon mission delay triggers NASA review
Just two weeks ago, NASA Acting Administrator Sean Duffy expressed concerns about SpaceX’s Starship development, which is at the center of the Artemis 3 lunar mission. Sean Duffy stated that NASA may open the contract to rival companies that can present a faster plan to land humans on the lunar surface.
But SpaceX responded to that statement on Oct. 30, defending itself by saying it had met dozens of milestones related to its Starship moon landing contract and planned to achieve major milestones next year, including a long-duration flight test. mint reported in a news article.
The rocket and satellite maker is also preparing for an insider sale that values the company at around $400 billion, which could make it one of the most valuable startups. Bloomberg.
CEO’s latest success
At the same time, a new development emerged regarding Tesla shareholders voting to approve CEO Elon Musk’s $1 trillion salary deal, the largest CEO salary package in the company’s history.
If Elon Musk reaches all the milestones required to realize the full value of the deal, he will earn more than $500 billion, increasing his current net worth to $461 billion. Bloomberg Billionaires Index.
This deal could also make Musk the world’s first trillionaire. His fortunes have continued to grow even as the Tesla brand has taken a hit among left-leaning consumers due to Elon Musk’s political connections and role in the Trump administration’s Department of Government Efficiency (DOGE).
