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SpaceX plans to conduct its largest-ever public share offering, aiming to raise at least $75 billion through an IPO on the Nasdaq. The company, owned by Musk and private investors, will be valued at around $1.75 trillion and will focus on space exploration, satellite communication, and AI data centers in space. Despite ambitions of colonizing Mars and asteroid mining, the company has a history of losses and faces uncertainty about profitability and share price performance once trading begins. Elon Musk will retain majority voting control, maintaining significant influence over the company's future direction.
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