SpaceX heads into a record-shattering IPO with the ‘deepest moat that exists today’ as investors vow to ‘never bet against Elon’
SpaceX is preparing for a record-breaking IPO, with plans to go public as early as June 11. The company aims to raise up to $75 billion at a valuation of $1.75 trillion, surpassing the previous record held by Saudi Aramco. Despite concerns over its governance structure, investor enthusiasm remains high as SpaceX continues to dominate the space launch market.
- ▪SpaceX plans to price its IPO on June 11 and debut on Nasdaq the following day under the ticker SPCX.
- ▪The company is seeking to raise up to $75 billion at a valuation of $1.75 trillion, which would set a new record for IPOs.
- ▪SpaceX has claimed over 80% of global rocket launches and has more than 10,000 Starlink satellites in orbit.
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The biggest IPO ever is just a few weeks away as reports say SpaceX has accelerated its timeline for coming public, and investors are cheering the company’s lofty ambitions.Recommended Video Elon Musk’s rocket and satellite giant, which recently merged with his AI startup, expects to price its IPO as soon as June 11, with a trading debut on the Nasdaq due to follow the next day under the ticker SPCX, sources told Reuters. Before that, SpaceX could file publicly for the IPO as early as Wednesday, with a roadshow kicking off on June 4, the report said. The prior timeline put the IPO near the end of June. The company had already filed confidentially and is seeking to raise up to $75 billion at a valuation of $1.75 trillion.
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