Musk’s Boring Co back in headlines: global tunnel talks, 1st tunnel section target by Q1 2027. Biden era tech pivots swirl around him.
SpaceX has floated on Nasdaq under the ticker SPCX, raising about $75 billion at $135 a share and debuting with a market value above $2 trillion. The newly public group combines SpaceX's rocket and Starlink businesses with xAI and X. Analysts warn the valuation depends on unproven projects such as orbital data centres and Mars ambitions.
SpaceX has gone public, valuing the company at about $2.1 trillion as it launches three main businesses—rockets, satellites and AI—into new growth. The IPO marks the largest ever, with Musk’s stake driving wealth into the trillions amid questions about profitability and long‑term strategy.