SpaceX president says the company has no IPO plans

Rocket company SpaceX has no plans for an initial public offering, the company's president said on Wednesday.

Earlier, rumors circulated that SpaceX was preparing for an IPO, but President Gwynne Shotwell said in an email that was "not true."

By Reuters

http://www.reuters.com/article/us-spacex-ipo-idUSKBN17Z1Q8