Musk douses down expectation of imminent SpaceX IPO

by | Jun 7, 2013 | commercial launch services, Seradata News | 0 comments

Having previously hinted that he would make an Initial Public Offering (IPO) of stock in his SpaceX rocket firm after the success of the IPOs of the Tesla electric car firm and the SolarCity firm, billionaire entrepeneur Elon Musk now appears to have back tracked on the plan. Or rather he has noted that a SpaceX IPO will be a long time into the future.  His response on Twitter to suggestions that an IPO was imminent was: “No near term plans to IPO @SpaceX. Only possible in very long term when Mars Colonial Transporter is flying regularly.” From this it has been taken that any SpaceX IPO could be years away.

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