SpaceX Goes Public: From Longshot Startup to $2 Trillion Public Company
By
Ryan Mac, Kenneth Chang, Kirsten Grind
A bagel that needed a few more minutes. And maybe a fact-check.
Summary
The article covers SpaceX's journey from its founding in 2002, when Elon Musk gave it less than a 10% chance of success, to becoming a publicly traded company worth $2 trillion. It highlights the skepticism Musk faced from friends like Adeo Ressi, who urged him not to start a rocket company, and contrasts that with SpaceX's eventual massive success and stock market debut in 2026.
Key quotes
· 2 pulledElon Musk said he had initially given SpaceX less than a 10 percent chance of succeeding.
About 25 years ago, Adeo Ressi, a former college roommate of Elon Musk's, begged the tech entrepreneur not to start a rocket company.
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