Elon Musk Confirms He Won't Sell SpaceX Shares Ahead of Upcoming IPO

Elon Musk has stated he will not sell any shares in SpaceX as the company prepares for its anticipated initial public offering (IPO). The rocket and satellite firm is reportedly set to file publicly soon, seeking up to $75 billion at a valuation exceeding $2 trillion.

By Ruth Carson Updated Sat, May 16, 2026 at 3:11 PM GMT+3 1 min read · Yahoo Finance · May 16, 2026, 12:11 UTC

Elon Musk Confirms He Won't Sell SpaceX Shares Ahead of Upcoming IPO

Topics: Elon Musk IPO SpaceX stock_split

Read the full article at Yahoo Finance

More World news

Mercantile Bank Announces New Full-Service Banking Center in Holland, Michigan PR Newswire · November 12, 2026, 19:28 UTC
Broadwind Reports 48% Revenue Growth and Record Industrial Solutions Backlog in Q3 2026 Motley Fool · November 12, 2026, 19:25 UTC
MediWound Reports Q3 2026 Financial Results Amid Clinical Trial Expansion Motley Fool · November 12, 2026, 19:25 UTC
Twist Bioscience Reports Q4 2026 Revenue Growth and First Positive Adjusted EBITDA Motley Fool · November 12, 2026, 19:25 UTC
Chicago Atlantic BDC Reports Q3 2026 Growth in Net Investment Income and Record Portfolio Value Motley Fool · November 12, 2026, 19:25 UTC
Google Integrates Gemini 4 Hydrogen Model into Search to Enhance Complex Query Handling TechCrunch · November 12, 2026, 19:27 UTC
General Motors Partners with NorthStar Clean Energy for Large-Scale Solar Project in Michigan Seeking Alpha · November 12, 2026, 19:24 UTC
CNBC Select Names Accredited Debt Relief Best for Debt Resources PR Newswire · November 12, 2026, 19:25 UTC
CorMedix Announces Acquisition of Heron Therapeutics Assets to Drive Revenue Growth Seeking Alpha · November 12, 2026, 19:20 UTC
Tetra Tech Forecasts FY 2027 Revenue Between $4.425B and $4.625B Amid Backlog Growth Seeking Alpha · November 12, 2026, 19:20 UTC