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Global Business News

The Economic Times

Global Business / The Economic Times

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SpaceX, the sprawling company targeting the stars, Mars and an IPO

SpaceX, founded by Elon Musk, is now a dominant force in the commercial space industry, aiming for Mars colonization and Moon missions with its Starship rocket. The company is also developing Starlink and plans a massive IPO. Despite early failures, SpaceX's innovative approach has led to significant achievements, though experts caution about risks as it partners with NASA.

21 May 2026 8:32 am