Why The SpaceX IPO Will Benefit California Over Texas
June 12, 2026
3 min
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15 of 15
June 12, 2026
Why The SpaceX IPO Will Benefit California Over Texas
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3:36This episodeWhy The SpaceX IPO Will Benefit California Over Texas
Summary
Forbes Senior Editor Alan Ohnsman sat down with Forbes Talks to discuss the upcoming historic SpaceX initial public offering and why its financial windfall will primarily benefit the state of California despite the company's headquarters relocating to Texas. Ohnsman also discussed how the inclusion of underperforming assets like X and XAI impacts investor sentiment regarding SpaceX's $1.77 trillion valuation.
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