Investor Ross Gerber of Gerber Kawasaki has backed the Elon Musk-led commercial space flight company SpaceX‘s IPO following a successful Starship rocket test.

Perfect Timing

In a post on X on Saturday, Gerber hailed SpaceX’s successful test following multiple delays. “Incredible. Perfect timing for the IPO,” Gerber said. He added that the space flight giant had opened a “new frontier in space” following the launch test.

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A successful launch could boost investors’ and prospective investors’ confidence in the company, as well as in CEO Musk’s vision of reaching the lunar surface and Mars, and establishing a network of AI satellites in orbit.