SpaceX has reportedly filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), potentially setting the stage for the largest IPO in history. Sources indicate that SpaceX aims for a valuation exceeding $1.75 trillion, with plans to go public in June. This move follows SpaceX's acquisition of Elon Musk's AI startup xAI, which boosted the company's valuation to $1.25 trillion.
The IPO could raise up to $75 billion, significantly surpassing the previous record set by Saudi Aramco's $29 billion offering in 2019. Major financial institutions, including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley, are expected to act as lead underwriters for the offering. Details regarding the number of shares and pricing will be revealed in future filings.
SpaceX Files for IPO, Valuation Could Surpass $1.75 Trillion
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