SpaceX IPO Filing: A Potential Record Breaker
SpaceX, founded by Elon Musk, has confidentially filed for an IPO that could reach a valuation of $1.75 trillion, potentially making it the largest IPO in history. The company plans to target a June date for the offering, as reported by Bloomberg. This follows the recent merger between SpaceX and xAI, which generated a valuation of $1.25 trillion, marking the largest merger ever.
In 2022, SpaceX conducted 165 orbital launches, the highest number by any launch provider according to BryceTech data. The upcoming IPO will reportedly allocate a significant portion of shares to retail investors, providing broader access compared to past offerings primarily focused on institutional investors.
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