Prospectus for tycoon’s sprawling empire reveals his plan to keep control – and ambition to colonise MarsSpaceX reveals plan for $1.75tn stock market debutBusiness live – latest updatesElon Musk’s SpaceX has revealed plans for a highly anticipated $1.75tn (£1.3tn) flotation next month as he seeks investor backing for his quest to make life “multiplanetary”.SpaceX is a sprawling business, encompassing the eponymous rocket launch company, the Starlink satellite broadband service, Musk’s xAI artificial intelligence startup and the social media platform X, formerly known as Twitter. Continue reading...

Source: https://www.theguardian.com/science/2026/may/21/elon-musk-trillion-dollar-spacex-flotation-takeaways