Becky Peterson

The agreement gives SpaceX a new stream of revenue for its AI business ahead of its IPO.

Many current and former staffers have stakes valued at millions of dollars and will be able to tap them more easily after the rocket maker goes public

Read this exciting story from The Wall Street Journal June 06, 2026 issue. Google has agreed to rent data-center capacity from SpaceX, expanding the rocket company’s artificial-intelligence business ahead of its initial public offering.

Gracias and his firm Valor Equity Partners are the second-largest SpaceX shareholder.

Throughout the years, the SpaceX CEO and co-founder has shown a preference for secretive suburban compounds—most recently in Texas.

Nasdaq has kept it simple for the SpaceX IPO. While the exchange gets plenty of traffic from tourists in Time Square, there wasn’t any signage or big display to call attention to the day’s big event. Morgan Stanley, whose headquarters are down the street, made up for it with a large billboard image

SpaceX’s listing on both New York’s Nasdaq Stock Market and Nasdaq Texas is a love letter to the Lone Star State. Though Musk lived in California for many years, he formally abandoned the state for Austin, Texas, in 2020 after growing frustrated with Covid-era restrictions on the West Coast. He mov

The SpaceX board of directors made its public debut on video streams of the dual listings in New York and Texas. Investors Steve Jurvetson, Randy Glein and Ira Ehrenpreis joined President and COO Gwynne Shotwell at the bell ringing in New York, while Antonio Gracias appeared from Texas. (Director D

SpaceX shares are up more than 20% in their market debut, right in the range of first-day “pops” bankers like to see. Not every big IPO has gone so smoothly. Meta, then k

Elon Musk became the world’s first trillionaire as investors bought into the moonshot AI vision in a remarkably smooth IPO.