Elon Musk Says He Gave SpaceX Less Than 10% Chance of Success While Addressing Nasdaq Ahead of IPO

Elon Musk addressed Nasdaq investors in a pre‑IPO briefing. During the remarks, Musk disclosed that he once estimated SpaceX’s success chance at under 10 percent. He cited early challenges that shaped the company’s trajectory. The comment reflects Musk’s confidence in the firm’s progress since then. The briefing came as SpaceX prepares for its first public offering. Analysts are watching the statement for clues about valuation expectations. Musk’s candidness may influence investor sentiment ahead of the listing. The market will gauge how the company’s performance aligns with past doubts.