1 Day
Source:
Los Angeles Times
SpaceX prepares for historic $75B IPO
SpaceX is preparing for a record-breaking IPO valued at up to $1.77 trillion, with the company offering at least 555 million shares at $135 each, potentially raising over $75 billion. This IPO aims to make SpaceX one of the world's most valuable companies, driven by its dominance in rocket launches, development of the Starship spacecraft, and expansion into satellite internet and AI data centers. Despite high demand and strong Wall Street interest, some analysts and officials have raised concerns over the company's high valuation and Musk’s control, questioning whether the stock is priced for perfection.
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