SpaceX valued at 1.75tn before market listing
SpaceX has announced an estimated share price of $135, valuing the company at approximately $1.75 trillion ahead of its planned IPO on the Nasdaq. The listing, expected to begin trading in June, aims to raise $75 billion, potentially making SpaceX one of the most valuable companies globally. The company, involved in space exploration, AI, and internet services, has a high valuation based on future earnings despite current net losses and substantial debt.
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