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SpaceX's Elon Musk: No IPO, Our Goal Is A City On Mars

If you're looking at Hawthorne-based rocket firm SpaceX as the next big IPO in Southern California, you might have to look again. Founder and CEO Elon Musk said this week that he doesn't have any intention of taking SpaceX public, because the "goals of SpaceX are very long-term, which is to establish a city on Mars." The remarks, which were made at a conference in Tokyo, were first reported by Bloomberg.


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