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SpaceX IPO risks Wall Street stability
SpaceX is preparing for its largest initial public offering (IPO) in history, as it plans to raise over $75 billion by selling more than 555 million shares at $135 each, increasing its valuation to more than $1.75 trillion. This offering is expected to put pressure on the global stock market, as it coincides with hefty buying inflows from individual investors and funds, which could lead to high volatility in prices. This comes amid preparations by other companies in the artificial intelligence sector to list their shares, amid concerns about the market's capacity to absorb this increasing volume of stock offerings.
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