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SpaceX shares set to surge 30% in largest IPO ever

SpaceX shares set to surge 30% in largest IPO ever

Musk founded SpaceX in 2002, when rocket launches were almost entirely dominated by major governments. Since then, the company, along with others, including Rocket Lab and Jeff Bezos’ Blue Origin, have made major strides. NASA relies on SpaceX to get its astronauts and cargo to and from the space station, and the company is expected to play a key role in NASA’s return to the moon.

While SpaceX has historically made much of its money from launching spacecraft, cargo and other payloads for NASA, the U.S. military and commercial partners, the company has expanded in recent years into other businesses, most notably its Starlink satellite internet business. Musk has also made some aggressive — some might say outlandish — predictions…

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