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SpaceX Files IPO: A New AI Play

SpaceX files IPO, potentially the largest in history. Elon Musk may merge SpaceX and Tesla by 2027, creating a dominant AI play.

Emily Davis
ByEmily Davis- Senior Editor
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NEW YORK, May 20 - Elon Musk's rocket and satellite maker SpaceX has officially filed for its widely anticipated initial public offering (IPO).

The company will trade on the Nasdaq, potentially the largest IPO in history.

Dan Ives of Wedbush Securities: "SpaceX filed its S-1 under ticker SPCX. It represents the largest IPO in stock market history, at the center of two major growth opportunities."

Ives added: "Musk may merge SpaceX and Tesla by 2027. The goal is to control more of the AI ecosystem."

Dennis Dick of Triple D Trading: "It's scary to invest in a $2 trillion company. I'd trade SpaceX but not be an investor."

Carol Schleif of BMO Private Wealth: "Space is attractive to investors. It's about AI and technology transformation."

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