SpaceX delays launch and considers IPO as Musk makes unusual demand

SpaceX has delayed its next Starship test launch again. At the same time, reports indicate the company is considering an initial public offering (IPO) with a potential valuation of two trillion dollars.

Elon Musk, who runs SpaceX, has reportedly insisted that the banks working on the potential IPO must purchase subscriptions to Grok, the AI chatbot from his other company, xAI. This is an unusual condition for a major financial transaction.