Elon Musk's Space Exploration Technologies Corp. (NASDAQ:SPCX) has completed its initial public offering (IPO) and now all eyes are on the company's next move.



<h2>Musk's Mars Ambitions</h2>



One of Musk's goals has been to reach Mars, colonize it and build a city on it. This goal was also part of a performance target for the world's richest man, as revealed by SpaceX's IPO paperwork.



<h2>Here's What Prediction Market Is Saying</h2>



While Musk has made reaching Mars one of his biggest goals, prediction markets are not very confident about the trillionaire being able to achieve it.



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Data from Kalshi, a federally authorized betting platform, shows that over $101,000 has been bet on the contract &#34;Will Elon Musk visit Mars in his lifetime?&#34;



According to bettors, the probability of Musk reaching Mars in his lifetime is just 13%.



Disclaimer: Kalshi and Benzinga have an existing data collaboration agreement.



<h2>What Will Musk Get?</h2>



If Musk is able to help SpaceX establish a permanent human settlement on Mars with at least one million residents, along with the company hitting a $7.5 trillion valuation, he stands to receive 200 million super-voting restricted shares.



The goal is still a long time away, with Musk himself admitting that it was a long way off.



In February, Musk revealed that SpaceX's Mars timeline was slipping by &#34;five to seven years,&#34; so the company could focus on lunar missions first.



<h2>Prediction Market Bets On Starlink IPO</h2>



Just days after SpaceX wrapped up its IPO, the prediction market is now betting on Starlink's IPO. Bettors have placed a very low probability on Starlink going public before June 2027.



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock.com

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SpaceX has completed its IPO, with Elon Musk's Mars colonization goal tied to performance targets. However, prediction markets assign only a 13% probability to Musk visiting Mars in his lifetime. Additionally, bettors view a low likelihood of Starlink going public before June 2027.

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Elon Musk Wants To Make Humanity A 2 Planet Species, But His Odds Of Visiting Mars Aren't All That High If You Believe Prediction Market Bettors