In a volatile global environment marked by elevated crude prices and geopolitical uncertainty, the Indian government’s decision to cut excise duties on fuel is being viewed by market participants as a proactive step to contain inflation and support demand. Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd believes the move reflects timely intervention, much like the policy responses seen during the COVID-19 crisis.

Responding to ET Now on whether it is premature to start factoring in earnings downgrades for Indian companies, Choksey suggested that the government’s actions could help soften the blow from global headwinds.

“I guess government should be complimented for acting in time. I guess they did so during the covid times, they are doing this activity of cutting down the excise on fuel at a time when entire world is desperate on other side. By way of cutting down the excise duties, they are ensuring few things. The consumer prices are not increasing, the fuel-related activities, as a result of which the inflationary pressure would remain under control. Though one may argue that on a fiscal deficit side it may have an impact of 35 to 40 bps from what it projected at 4.3, it could possibly go up to 4.7 if the full-year accounts are to be taken into account,” he said.

But suppose if this is a temporary measure, good credit should go to government that in advance time they are taking care of inflationary pressure, making sure that the corporates do not end up losing money and at the same time the consumer demand continues to remain buoyant. So, overall I believe that it is a welcome move, consumer benefits, OMCs benefits,” he added.

Relief for Consumers, Cushion for OMCs

A key question, however, is whether the benefits of the excise duty cut will be directly felt by consumers or primarily serve as a buffer for oil marketing companies (OMCs).
Choksey clarified that the impact is already indirectly benefiting consumers by preventing further price hikes.
“Yes, the point is important that if they are not increasing the price, that means effectively they have passed it on to the consumer. Otherwise, the OMCs have no choice but to increase the prices in the rising crude oil scenario. Now with this excise duty cut coming in their favour, they have a cushion of Rs 10 per litre on petrol and on diesel. They do not pass it on to the consumer and that is the benefit that the consumer gets eventually,” he explained.
Balancing Domestic Needs and Global Opportunities
The government has also raised export duties on petroleum products such as ATF, diesel, and petrol—a move that could potentially impact private refiners. However, Choksey views this as part of a broader balancing strategy.

“Even if it is increase in export duty, the price is still at parity level or slightly at the discounted level compared to the overall global prices. So, government is playing a balancing act according to me. On one side, when the global consumer is willing to pay the price, they are charging the price. On the other side, the domestic consumer should be protected, they are reducing the price. It is a perfect balancing act. Good credit goes to government for this again,” he noted.

Market Outlook: Panic Phase Likely Over
On the broader equity market outlook, Choksey indicated that the worst of the fear-driven selling may be behind us, with markets now awaiting positive triggers—particularly on the geopolitical front.

“The market has possibly completed the panic portion. I believe the fear factor is probably going out at this point of time. Entire market, including the global markets, is waiting for positive news to come on the war. Should it happen, then you will be seeing the upside which is unprecedented. So, in my viewpoint, instead of keeping the fear at the back of mind, I think that things are looking relatively more positive on prospects of war-related situation bringing up some positive news,” he said.

A Tactical Policy Move with Broader Implications
While concerns around fiscal slippage remain, the government’s decision appears to be aimed at preserving macroeconomic stability in the near term. By cushioning fuel prices, policymakers are attempting to protect both consumption and corporate margins—two critical pillars for sustaining economic growth.

For investors, the message seems clear: while global risks persist, domestic policy support and easing panic could provide a constructive backdrop for markets in the months ahead.

Mumbai: Investors with a higher risk appetite looking to bet on India’s top large-caps following the recent market sell-off may consider schemes tracking the Nifty Top 10 Equal Weight Index – a measure offering exposure to the top 10 stocks by market capitalisation.

The index’s recent underperformance compared to the broader benchmark Nifty presents a potential buying opportunity, according to fund officials and financial planners.

“Diversified portfolio across six key sectors, reasonable valuations, recent underperformance relative to the Nifty 50, and a margin of safety in mega caps are driving investor interest in this index,” said Anil Ghelani, head – Passive Investments and Products, DSP Mutual Fund.

The Nifty Top 10 equal-weight has lost 7.8% so far in March amid the West Asia conflict, compared with the Nifty’s decline of 7.4%. In 2026, the index shed 14.7% compared with the 10.9% fall in the Nifty, according to ETIG.

The recent underperformance was driven by foreign institutional selling of stocks here, with large-caps bearing the biggest brunt of their risk-off sentiment.

The index’s components include Infosys, Reliance Industries, ITC, TCS, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, Hindustan Unilever and Larsen & Toubro, and is rebalanced quarterly.”This fund works well for those who are comfortable with concentrated portfolios and not worried about short-term drawdowns,” said Anup Bhaiya, MD and CEO, Money Honey Financial Services.

The price-to-earnings (PE) ratio of the Nifty Top 10 Equal Weight Index is 18.6 times compared with the Nifty’s 20.4 times. Ninety per cent of the portfolio is available at or below average valuations, as per the DSP MF study.

“Investors looking for passive exposure to large caps without actively tracking portfolios could consider staggering investments over the next three months,” said Nikhil Gupta, founder of Sage Capital.

While the index has delivered slightly higher returns than the Nifty 50 over the long term, its outperformance has not been consistent, beating the benchmark in just over half of the past 19 years. Over this period, it has delivered an annualised return of 13.3%, compared with 12.3% for the Nifty.

Songkran Festival 2026 will proceed across Thailand, promoting cultural traditions and vibrant water festivities. Visitors are encouraged to plan ahead. Events are scheduled nationwide, highlighting regional and local celebrations.

Bangkok, 26 March 2026 – The Tourism Authority of Thailand (TAT) confirms that Songkran Festival 2026 will proceed as planned across all regions of the Kingdom, welcoming visitors from around the world to celebrate the Thai New Year through vibrant water festivities, cultural traditions, and community events. The Thai government is working to ensure everything remains fully operational ahead of the holiday period. Visitors are advised to plan travel in advance, and TAT will continue to monitor and communicate any updates.

Ms. Thapanee Kiatphaibool, TAT Governor, said, “We are aware that global events have created uncertainty for travellers. We want to be clear: Songkran 2026 will take place as planned across every region of Thailand. The spirit of this festival and Thailand’s welcome remains unchanged.”

Recognised by UNESCO as an Intangible Cultural Heritage of Humanity, Songkran reflects Thailand’s deep-rooted values of family, respect, and renewal. Traditionally marked by merit-making, water-pouring rituals for elders, and temple visits, the festival has grown into a nationwide celebration that blends cultural authenticity with contemporary experiences.

In Bangkok, large-scale events from 9 to 15 April will include the Maha Songkran World Event at Benjakitti Park, riverside celebrations at ICONSIAM and Asiatique, and music festivals such as S2O and Siam Songkran. Silom and Siam Square will once again transform into major water celebration zones.

Across the country, each region offers a distinct flavour of Songkran. The Central region, including heritage-rich Phra Nakhon Si Ayutthaya, highlights temple-based celebrations and the signature elephant water-splashing event. The North—Chiang Mai, Sukhothai, and Nan—offers extended ceremonies rooted in local tradition, while Chon Buri’s Wan Lai custom stretches festivities beyond the main dates. Cities in the Northeast, such as Khon Kaen and Udon Thani, blend cultural ritual with urban energy, and the South brings beachside Songkran to Phuket, Surat Thani, and Chumphon.

Songkran Festival 2026 in Thailand

Bangkok

Rangnam Songkran Festival 2026
9-14 April 2026
King Power Rangnam, Bangkok

Asiatique Summer Wonder Fest 2026
9-30 April 2026
Asiatique The Riverfront Destination, Bangkok

Splash Nation Bangkok 2026
10-11 April 2026
Rama IV Road (Sunthon Kosa Road Area), Bangkok

ICONSIAM Thaiconic Songkran Celebration 2026
10-15 April 2026
River Park, ICONSIAM, Bangkok

Siam Paragon Ultrasonic Summer Festival 2026
10-15 April 2026
Siam Paragon, Bangkok

Splash Songkran RCA 2026
10-15 April 2026
Royal City Avenue (RCA), Bangkok

Saneh Art by Songkran Festival 2026
10-30 April 2026
Benchasiri Park and Lan Khon Mueang (Bangkok City Hall Plaza), Bangkok

S2O Songkran Music Festival 2026
11-13 April 2026
S2O Land Ratchada, Bangkok

Thai Lism Music Festival 2026
11-13 April 2026
Central World, Bangkok

SUPERFLUID 2026
11-13 April 2026
Fountain Square, King Power Rangnam, Bangkok

SIAM Songkran Music Festival 2026
11-14 April 2026
Bravo BKK,  Bangkok

Maha Songkran World Event
11-15 April 2026
Benjakitti Park, Bangkok

Drag Let’s Play Water Festival 2026 Celebrating Diversity and Thai Soft Power
12 April 2026
Elephant Parking Area, Song Wat Road, Bangkok

Songkran Festival at Silom Road
12-14 April 2026
Silom Road, Bangkok

Siam Songkran Festival 2026
12-15 April 2026
Siam Square, Bangkok

Monster Water Fest 2026
13-15 April 2026
Fashion island, Bangkok

Bangkok Water Festival 2026
13-15 April 2026
Ten destinations across Bangkok

K2O Songkran Music Festival 2026
14 April 2026
S2O Land Ratchada, Bangkok

Amazing Bangkok Songkran Parade 2026 at Silom Road
14 April 2026
Silom Road, Bangkok

Central Region

Nakhon Pathom

Salaya Water Fest 2026
3-5 April 2026
SS Park Salaya, Nakhon Pathom

Samut Songkhram

Songkran Music Festival 2026 at Mae Klong
10-15 April 2026
Forecourt of Urbana House Hotel,
Samut Songkhram

Kanchanaburi

Kanchanaburi Songkran Festival 2026
13-14 April 2026
Rattanakanchan Island, Mueang District, Kanchanaburi

Phra Nakhon Si Ayutthaya

Songkran at Wat Chaiwatthanaram
9-13 April 2026
Wat Chaiwatthanaram, Phra Nakhon Si Ayutthaya Historical Park Phra Nakhon Si Ayutthaya

Elephant Splashing Songkran Festival 2026
13-15 April 2026
Sri Sanphet Road, in front of the Tourism Authority of Thailand (Ayutthaya Office), Phra Nakhon Si Ayutthaya

Northern Region

Tak

Mae Sot Songkran Music Festival 2026
4 April 2026
Robinson Lifestyle Mae Sot, Tak

Songkran Festival at Tak
12-15 April 2026
Mueang Tak District and Mae Sot District, Tak

Sukhothai

Maha Songkran at Sukhothai
6-19 April 2026
Si Satchanalai District and Mueang Sukhothai District, Sukhothai

Nan

Songkran Festival 2026 at Nan
12-15 April 2026
Khao Tan Road, Wat Suan Tan, and various streets within the Nan Municipality area, Nan

Phayao

Bubble Wave Phayao Songkran Fest 2026
13-15 April 2026
Pho Khun Ngam Mueang Monument, Phayao

Chiang Mai

Chiang Mai Water Festival 2026
11-13 April 2026
Wat Chedi Luang, Mueang District, Chiang Mai

Lamphun

Lamphun Water Festival 2026
11-13 April 2026
Rod Kaew Road, Mueang District, Lamphun

Uttaradit

Uttaradit Songkran Music Festival
13-15 April 2026
Longlin Road, Mueang District, Uttaradit

Phichit

Songkran Festival at Pho Prathap Chang
13-15 April 2026
Pho Prathap Chang District, Phichit

Eastern Region

Chon Buri

Chon Buri Songkran Festival 2026 – Wan Lai Tradition
5-20 April 2026
Across Chon Buri

Pattaya Songkran Summer Festival 2026
17-19 April 2026
Central Pattaya Beach, Chon Buri

Songkran Festival 2026 at Si Racha
19-21 April 2026
Si Racha Bay Seaside Health Park, Chon Buri

Rayong

Songkran Festival 2026 at Durian Road
13-14 April 2026
Durian Road, Mueang District, Rayong

Trat

Ko Chang Wan Lai Songkran Festival 2026
19-21 April 2026
Small Airport, Ko Chang, Trat

Sa Kaeo

14 April Watthana Maha Songkran 2026
14 April 2026
Khao Lam Road (from Wat Nakhon Tham to the front of Anuban Sriwatthana Witthaya School), Sa Kaeo

Samut Prakan

“Hae-Hong-Tong-Ta-Kab” Flag Procession Festival 2026
13 April 2026
Songtham Worawihan Temple, Phra Pradaeng District, Samut Prakan

Phra Pradaeng Songkran Festival 2026
24-26 April 2026
In front of the Phra Pradaeng District Office, Samut Prakan

Northeastern Region

Udon Thani

Udon Thani Water Festival 2026
12-14 April 2026
Ban Chiang District, Udon Thani

Udon Songkran Festival 2026
13-16 April 2026
UD Town Shopping Center, Mueang District, Udon Thani

Amnat Charoen

Wanlai Mueang Phana
25-26 April 2026
Phana Subdistrict Municipality, Phana District, Amnat Charoen

Khon Kaen

Songkran Festival 2026 at Khon Kaen
11-15 April 2026
Bueng Kaen Nakhon and Si Chan Road, Mueang District, Khon Kaen

Khon Kaen Water Festival 2026
13-15 April 2026
Wat Chai Si, Mueang District, Khon Kaen

Nakhon Phanom

Nakhon Phanom Songkran Festival
13-15 April 2026
Phanom Naka park, Mueang District, Nakhon Phanom

Ubon Ratchathani

Maha Songkran at Kaeng Saphue
1-30 April 2026
Kaeng Saphue, Phibun Mangsahan District, Ubon Ratchathani

Nakhon Ratchasima

Monster Water Fest 2026
13-15 April 2026
Nakhon Ratchasima

Summer Street Fest 2026 at Ban Klang Community Road
14-15 April 2026
Ban Klang Community Road, Sikhio District, Nakhon Ratchasima

Surin

Surin Elephant Maha Songkran Festival 2026
10-12 April 2026
Chaloem Phra Kiat Public Park (New Park), Surin

Sakon Nakhon

Khao Na Prang Road Songkran Festival, Phanna Nikhom 2026
11-15 April 2026
Ban Nong Waeng Irrigation Canal, Phanna Nikhom District, Sakon Nakhon

Southern Region

Chumphon

Songkran Festival 2026 at Tham Thong
10-14 April 2026
Khao Tham Thong, Pathiu District, Chumphon

Chumphon Songkran Festival 2026
12-15 April 2026
Nong Yai Area Development Project Under Royal Initiative, Mueang Chumphon District, Chumphon

Maha Songkran Festival 2026 at Saphli Beach
13-19 April 2026
Saphli Beach, Pathiu District, Chumphon

Bang Boet Wan Lai Festival 2026
17 April 2026
Bang Boet Beach, Pathiu District, Chumphon

Ranong

Songkran Festival 2026 at Khao Piak Road
9-18 April 2026
Hua Thanon Stadium, Kra Buri District, Ranong

Songkran Festival 2026 at Ranong
13-14 April 2026
Ruang Rat Road, Ranong

Nakhon Si Thammarat

Maha Songkran Festival 2026 at Nakhon Si Thammarat
11-14 April 2026
Provincial Administrative Organization Stadium, Nakhon Si Thammarat

Surat Thani

Roi-Sad Songkran Music Festival 2026
3-4 April 2026
Wang Tai Hotel, Surat Thani

Downtown Songkran Music Fest 2026
12 – 14 April 2026
Tha Pla Wan Area to the front of the Provincial Governor’s Residence, Surat Thani

Songkran Festival 2026 at Samui
12-15 April 2026
Bo Phut Subdistrict, Maret Subdistrict, Ang Thong Subdistrict, Ko Samui, Surat Thani

Songkran Music Festival at Central Surat Thani
12-15 April 2026
Central Surat Thani, Surat Thani

Southern Splash Festival 2026
13-15 April 2026
Sahathai Square, Surat Thani

Phuket

Phuket Water Festival 2026
11-13 April 2026
Baan Mai Khao and Patong Beach, Kathu District, Phuket

Songkran Festival 2026 at Dibuk road, Phuket
13 April 2026
Dibuk Road (in front of Limelight Phuket) and Dragon Plaza, Phuket

Source : Songkran festival 2026 to proceed nationwide, welcoming global visitors to Thailand’s UNESCO-recognised New Year celebration

Other People are Reading

Developers have offered to include bus link provision

A massive development at Blackpool Airport Enterprise Zone has been given the green light by planners – and looks set to spark a jobs bonanza for the Fylde coast.

And the developers have even offered to include a bus link provision to ensure all aspects of transport connections are included in the scheme.

The application was for the erection of eight buildings within business, industrial, storage and warehousing uses and a retail and café use, on land bounded by Amy Johnson Way, Common Edge Road, Jepson Way, School Road and Blackpool Airport.

It went before Blackpool Council’s planning committee last night (Tuesday March 24), where councillors unanimously approved the scheme.

The session was forced to go ahead in another council chamber after protesters over an unrelated housing issue forced the committee to temporarily adjourn proceedings.

After the meeting, committee member, Cllr Julie Sloman, said: “The members were unanimous in backing this project.

“It is a major development for Blackpool, with the prospect of attracting businesses to the area and plenty of new jobs to come with them.

“Not only that, but during the construction phase there will be plenty of other jobs too.

“It was vital the meeting went ahead – if it hadn’t this project would have been delayed and it is important we can get applications processed to avoid hold-ups, whatever they are.”

The proposals were approved just as a new spine road is nearing completion.

The new road is an £18.4m infrastructure project connecting Common Edge Road to the eastern side of the site. Built by George Cox & Sons, this 18-month project aims to unlock new development land, improve traffic flow with new lanes, and support the growth of the business park.

This latest application before the committee was a more detailed Reserved Matters planning submission on behalf of Blackpool Council, lodged by Cassidy and Ashton planning consultants and architects, after the authority’s planners approved an earlier outline application for the site.

The proposals included a changing places facility, associated access points to the development plots, service yards, landscaping, parking and boundary treatments, an Electric Vehicle charging facility on Amy Johnson Way and a link road between Jepson Way and the spine road.

The massive development site covers an area of land between Amy Johnson Way to the west and Common Edge Road to the east, extending to an area of 67,166sqm, with the eight individual plots varying in size.

The proposed new buildings will contain partial mezzanine floors to provide additional floorspace within the units.

A Design and Access Statement concluded: “The scheme represents a high-quality form of development which will sit comfortably with a range of businesses to this location.

“The development has been designed to complement its surroundings in terms of scale, massing and appearance whilst providing the space operationally required.”

The Blackpool Airport Enterprise Zone (BAEZ) is a 144-hectare designated economic development area established in 2016 to create over 3,000 new jobs and attract 180+ businesses, primarily in advanced manufacturing, energy, and high-performance computing.

Centered around Blackpool Airport and Amy Johnson Way, it offers businesses tax incentives, 20 plus hectares of new commercial land, and superior infrastructure connectivity.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

Elon Musk’s SpaceX is preparing to file paperwork for what could become the largest initial public offering in history as soon as this week, according to people familiar with the matter, accelerating plans for a potential June debut that would value the rocket and satellite giant at more than $1.75 trillion.

The move, reported by The Information on Tuesday and echoed across major outlets, marks a dramatic shift for the 24-year-old company long resistant to public markets. Advisers involved in preparations expect SpaceX to seek more than $75 billion in fresh capital, dwarfing the previous record set by Saudi Aramco’s $29.4 billion listing in 2019.

SpaceX did not immediately respond to requests for comment. Musk has not publicly addressed the latest filing timeline, though he confirmed in December 2025 that reports of a 2026 IPO were “accurate.”

The potential offering comes as SpaceX’s valuation has soared on the back of its Starlink satellite internet service and repeated successful launches of the Falcon 9 rocket. A recent insider share sale valued the company at about $800 billion late last year, with analysts now projecting a public debut north of $1.5 trillion — and some as high as $1.75 trillion.

Starlink, which provides high-speed internet via thousands of low-Earth orbit satellites, has emerged as the company’s primary growth engine. The service generated roughly $12 billion in revenue last year and now serves millions of subscribers worldwide, including in remote and underserved areas. SpaceX has deployed more than 10,000 Starlink satellites, with ambitious plans to expand the constellation dramatically.

Revenue from Starlink is believed to account for a growing share of SpaceX’s total income, which analysts estimate reached around $15 billion in 2025. The business model — recurring subscriptions with high margins — has helped justify sky-high valuations despite the capital-intensive nature of rocket development and satellite manufacturing.

SpaceX’s traditional launch business continues to dominate the global market. The company launches more payloads to orbit than any other entity, serving NASA, commercial clients and the U.S. military. Its reusable Falcon 9 boosters have slashed launch costs, making SpaceX a critical partner in America’s space ambitions.

The developmental Starship vehicle, designed for deep-space missions including a potential crewed landing on Mars, represents the company’s long-term bet on interplanetary travel. Musk has repeatedly said Starship is key to making humanity multi-planetary, with plans for massive flight cadence increases once fully operational.

Recent reports suggest the IPO proceeds would fund an “insane flight rate” for Starship, construction of orbital data centers powered by artificial intelligence, and other ambitious projects. SpaceX’s all-stock acquisition of Musk’s xAI earlier this year has further blurred lines between space, AI and computing, potentially creating synergies for in-orbit data processing.

Wall Street banks including Bank of America, JPMorgan, Goldman Sachs and Morgan Stanley have been in discussions for leading roles in the offering, according to earlier reports. A confidential filing with the Securities and Exchange Commission could allow SpaceX to gauge investor interest quietly before a full public registration.

If priced at the high end of expectations, the IPO would not only set records for size but could also propel SpaceX into the upper ranks of U.S. public companies by market capitalization, rivaling or exceeding major tech giants.

The news triggered sharp gains in other space-related stocks on Wednesday. Shares of Rocket Lab, AST SpaceMobile and Redwire jumped in premarket and regular trading as investors bet on heightened sector interest ahead of SpaceX’s debut.

Analysts caution that a SpaceX IPO would introduce new scrutiny. As a public company, it would face quarterly reporting requirements, greater transparency on costs and risks, and pressure from shareholders focused on near-term profitability rather than long-term visions like Mars colonization.

Musk’s dual roles as CEO of Tesla and SpaceX — and his ownership stakes across multiple ventures — could raise governance questions. Tesla shareholders have occasionally expressed concern about Musk’s divided attention, though SpaceX has operated largely independently.

Regulatory hurdles also loom. SpaceX’s heavy reliance on government contracts, particularly with NASA and the Pentagon, means national security reviews and export controls could influence the IPO process. Starlink’s international expansion has already faced geopolitical pushback in some markets.

Still, investor enthusiasm appears strong. Prediction markets have placed high odds on a 2026 listing, with many pointing to June as a target window. Some speculate the timing could align with symbolic milestones in Musk’s narrative around space exploration.

SpaceX’s path to public markets has been years in the making. Musk long preferred the flexibility of private ownership to pursue high-risk, high-reward projects without quarterly earnings pressure. But growing valuation — fueled by Starlink’s rapid subscriber growth and launch dominance — has made liquidity for early employees and investors more pressing.

Tender offers and secondary share sales have provided some exits, but a full IPO would open the company to millions of retail and institutional investors. ETFs and leveraged products betting on SpaceX exposure have already begun appearing in filings, signaling market anticipation.

The broader space economy stands to benefit. A successful SpaceX debut could validate the sector and draw more capital to satellite communications, reusable rockets and orbital infrastructure. Rivals and partners alike are watching closely.

For Musk, the IPO represents both validation of two decades of work and a massive capital infusion to accelerate his most audacious goals. SpaceX has already transformed access to space; going public could supercharge its next chapter.

Yet risks remain substantial. Starship development has encountered setbacks, including explosive test flights, though progress continues. Starlink faces competition from Amazon’s Project Kuiper and other entrants. Regulatory approval for massive satellite constellations has drawn environmental and astronomical concerns over light pollution and orbital debris.

SpaceX employs thousands and operates major facilities in California, Texas and Florida. Its Starbase complex in Boca Chica, Texas, serves as the hub for Starship testing and is central to Musk’s Mars ambitions.

As the potential filing window narrows, attention turns to the SEC and how regulators will handle one of the most scrutinized offerings in decades. A quiet filing this week would keep momentum toward a summer listing while allowing time for due diligence.

Industry observers note that even at conservative estimates, SpaceX’s IPO would eclipse most recent tech debuts and reshape perceptions of private space companies. The combination of proven launch capability, a scalable satellite network and visionary leadership has created rare investor appeal.

For now, SpaceX remains focused on operations. Launches continue at a brisk pace from Florida and California, while Starlink terminals ship to new customers daily. The company’s next Starship flight test is eagerly awaited by enthusiasts and engineers alike.

If the latest reports hold, investors could soon have the chance to buy shares in the company that pioneered reusable orbital rockets and built the world’s largest satellite constellation. Whether the valuation lives up to the hype will depend on execution in the years ahead.

The coming weeks promise intense speculation as details emerge. For a company that once seemed destined to remain private forever, the countdown to public trading has clearly begun.