Last Friday for the first time investors will be able to buy and sell shares in Elon 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 biggest ever public sale of shares and will make SpaceX one of the US's top 10 largest listed firms. A higher-than-usual proportion of those shares is being made available to individual investors, but its sheer size means many investment funds will end up with a stake in SpaceX too. SpaceX is currently owned by Musk and other private investors, but they are launching what is known as an initial public offering, or IPO. On Friday, millions of new shares in the company will start trading on the stock market. The IPO has raised 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. SpaceX is separate from Musk's most well-known company, the electric car maker Tesla, although it is thought the two may end up merging next year. There are more than 550 million shares available, which will start trading at $135 (£100) each. Investors must decide if they think the shares are worth that much. And once they start trading their value could quickly rise or fall depending on whether the wider market thinks that initial price was too low or too high.
BBQ - Would you buy a share in SpaceX?
