SpaceX Postpones Starship Test Flight Amid IPO Plans

California. American billionaire businessman Elon Musk's space exploration company SpaceX has postponed the test flight of its giant rocket Starship. The company has stated that it will try to relaunch only on Friday. This decision comes a day after the company announced plans to issue the largest ever initial public offering (IPO). According to analysts, a successful test of Starship could attract investors to buy the company's shares.

SpaceX's IPO is preparing to be listed on Nasdaq. It has been said that the company may start trading from next month under the ticker symbol "SPCX". This is estimated to be the largest IPO on Wall Street. Due to Musk's shareholding in the company, there is also talk that he could become the world's first "trillionaire". He is already the richest person in the world. SpaceX has valued its company at $1.25 trillion. Since Musk has a majority stake in the company, his share alone could be worth more than $600 billion.