The new space race

Musk's plans revealed: Mars, asteroid mining and data centers in space

Space X's application to be listed on Nasdaq in New York contains a detailed description of the company - and Elon Musk's visions for the future.

In its review of the 200,000-word prospectus, the Financial Times highlights, among other things, Elon Musk's thoughts on mining on asteroids and passenger transport to both the moon and Mars. He also sees great potential in building data centers in space.

It also appears that Elon Musk will have total control of Space X, with 85 percent of the votes. This is reported by the Wall Street Journal.

Stock market crash: "It will be a global listing"

Elon Musk's space company Space X is on its way to the stock market with what looks to be a historically high valuation. The introduction could also be a positive injection for the Stockholm Stock Exchange, says its CEO Adam Kostyál to Dagens Industri.

– It will be a global listing where private savers and institutions all over the world are activated, he says.

Space X aims for the introduction to give a valuation of 2 trillion dollars. That would make the space company one of the ten highest market capitalizations in the world. The stock market introduction could take place in June.

The company had revenues of 4.7 billion dollars in the first quarter. Most of them came from the Starlink satellite broadband.