SpaceX Goes Public: From Near-Impossible Startup to $2 Trillion Market Debut
By
Ryan Mac, Kenneth Chang, Kirsten Grind
You can taste the rush. The dough hadn't risen.
Summary
The article covers SpaceX's journey from its founding in 2002 by Elon Musk, who 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 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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