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Stock prices for space industry companies rose significantly amid news that Elon Musk's SpaceX may soon file for an initial public offering (IPO). The potential IPO could mark one of the largest in history, attracting substantial investor interest within the space sector.
Elon Musk has announced that SpaceX will prioritise the creation of a self-sustaining city on the Moon, pushing back initial timelines for Mars colonisation efforts. The company aims to make significant progress on the lunar project within the next decade.
Elon Musk is merging SpaceX with xAI to advance space-based artificial intelligence, setting the stage for a major IPO anticipated later this year. The acquisition consolidates some of Musk's key enterprises under one umbrella.
Elon Musk's Starlink satellite internet service is reportedly offering free access in Iran, enabling citizens to circumvent escalating government internet restrictions. This move comes as activists highlight the vital role of Starlink in documenting and disseminating information about the ongoing protests and the state's forceful response.
