Space Exploration Technologies, the space transportation company founded by Internet entrepreneur Elon Musk, could pursue an initial public offering next year.
“I think there’s a decent chance of an IPO toward the end of next year,” Musk told a media briefing on Tuesday at the National Space Symposium conference in Colorado Springs, Colorado. “It’s something that we are considering.”
Musk said his Hawthorne rocket builder, also known as SpaceX, did not need an IPO to complete Falcon Heavy, a rocket it is building with twice the lift capacity of NASA’s space shuttle and that promises to cut launch costs.
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