Analysis-SpaceX’s Starship Test Strengthens IPO Case, Though Hurdles Remain
By Gianluca Lo Nostro and Akash Sriram May 27 (Reuters) – SpaceX’s upgraded Starship launch on Friday delivered enough progress to keep the momentum intact behind Elon Musk’s $1.75 trillion IPO, while warning that full reusability of the rocket remains a work in progress. Starship is critical to lowering SpaceX’s launch costs, expanding its Starlink …