SpaceX IPO: A timeline and the implications that go well beyond Wall Street

SpaceX on Thursday (Jun 11) priced the biggest-ever US initial public offering at US$135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies. Musk founded SpaceX in 2002 but has for years resisted taking the company public. CNA’s Elizabeth Neo takes a look at the timeline leading up to the blockbuster IPO, while Julie Yoo examines why investors, governments and rivals around the world are watching closely.

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