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SpaceX files for largest IPO in history, reveals plans for 10,000 rockets a year

ABC Australia · May 21, 2026, 7:28 AM · Also reported by 4 other sources

Key takeaways

  • Space X's Super Heavy booster rocket rolls past its production facility in Texas on Monday.
  • Elon Musk's space exploration company Space X, which also owns Starlink and x AI, has filed to go public after being valued at $US1.25 trillion ($1.75 trillion)earlier this year.
  • The move could make Mr Musk the world's first trillionaire, less than a year after he became the first person in the world to amass $US500 billion in wealth.

Why this matters: an international story with cross-border implications worth tracking.

Space X's Super Heavy booster rocket rolls past its production facility in Texas on Monday. (Reuters: Steve Nesius)

Elon Musk's space exploration company Space X, which also owns Starlink and x AI, has filed to go public after being valued at $US1.25 trillion ($1.75 trillion)earlier this year.

The move could make Mr Musk the world's first trillionaire, less than a year after he became the first person in the world to amass $US500 billion in wealth.

Article preview — originally published by ABC Australia. Full story at the source.
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