Shutterstock.com_2661293877/Creative Salim

12 June 2026Insurance

Flying naked: SpaceX heads to IPO with classic Musk underinsurance

SpaceX, the Elon Musk aerospace venture rocketing towards history’s largest IPO, follows the Musk tradition of being underinsured and ready to pay losses direct out of its own pocket, the company’s IPO documentation indicates.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Middle East conflict insurance losses run into hundreds of millions in Q2 alone

12 August 2026 Total losses could be anywhere between $3-4 billion, insurance CEOs predict.

CatIQ closes book on Canada’s Hurricane Debby insured loss

12 August 2026 Final estimate is stable on year-one figure, personal claims near full closure.

Tokio Marine grows 4.8% fiscal Q1; US specialty slowed by soft markets

12 August 2026 CoR across full International ops holds flat, but Iran war dents EMEA.

More articles

Middle East conflict insurance losses run into hundreds of millions in Q2 alone

Hannover Re’s P&C top line falls, but Q2 reveals a striking rebound

Mangrove sets up Bermuda reinsurer to strengthen Florida risk strategy

CatIQ closes book on Canada’s Hurricane Debby insured loss

Tokio Marine grows 4.8% fiscal Q1; US specialty slowed by soft markets

Impending threat looms as wildfire devastation explodes across the US

Now is no time for cycle management: Hannover Re

Data centre insurance market set to top $24bn by 2030, AI fuels boom

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze