SpaceX files for IPO, targets $1.75T valuation
5 hours ago
- #IPO
- #SpaceX
- #Elon Musk
- SpaceX has confidentially filed for an IPO, potentially the largest in history.
- The filing was made with the SEC, allowing the company to keep financial details private.
- SpaceX recently acquired Elon Musk's AI startup xAI for $250 billion.
- The company aims to raise $75 billion, targeting a $1.75 trillion valuation.
- This valuation would make SpaceX one of the most valuable companies in the U.S.
- The IPO is expected in June, possibly timed with a planetary alignment and Musk's birthday.