SpaceX IPO Will Have To Wait Until Regular Trips To Mars

A SpaceX initial public offering is unlikely until after the spaceflight venture makes trips to Mars on a regular basis, the company's president said in an interview Tuesday.

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In an interview with CNBCGwynne Shotwell, who also serves as the company's chief operating officer, echoed previous comments by founder Elon Musk, who gave the same time frame for an IPO. Musk hopes to launch a flight to Mars in 2022, initially sending cargo.

"We don't talk too much about going public right now,"...

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