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SpaceX plans to go public with an IPO offering 555.6 million shares at $135 each, aiming to raise $75 billion and valuing the company at approximately $1.77 trillion. The IPO will be accessible to retail investors through several brokerages, with some lowering minimum investment requirements. Analysts have warned that SpaceX may be overvalued and that its stock could experience significant volatility, partly influenced by Elon Musk's prominence. The company's primary revenue source is Starlink, and it reported substantial losses in recent quarters, raising questions about its valuation and long-term prospects.
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