SpaceX to Launch Historic IPO
Elon Musk’s aerospace company, SpaceX, is set to go public following its acquisition of Musk’s AI firm xAI for $1.25 trillion. The IPO is anticipated to value SpaceX at approximately $1.75 trillion, which would make it the largest IPO in history. Analysts expect shares valued between $40 billion to $80 billion to be available for public purchase.
The initial steps for the IPO involve the confidential submission of a prospectus to the U.S. Securities and Exchange Commission (SEC), which is expected to occur imminently. The process typically takes about three months, with public details emerging during a “Roadshow” leading up to the official pricing right before the IPO.
