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Published 14 days ago • loading... • Updated 13 days ago
Elon Musk Says He Wants to Get SpaceX IPO Underway ‘Pretty Soon’
SpaceX plans to launch its initial public offering with an official announcement expected this week to promote the IPO date set for June 12 under the ticker SPCX.
The company is targeting a valuation exceeding $1.75 trillion for the IPO.
SpaceX acquired the AI company xAI earlier this year to increase the combined company's value and support the IPO efforts.
Recent partnerships with technology companies such as Google and Anthropic involve orbital AI data centers and reflect the company's growth prior to the IPO.
SpaceX to Launch IPO as Early as the 12th of Next Month... Expected to Raise $80 Billion
It has been reported that Elon Musk's space company, SpaceX, will proceed with its initial public offering (IPO) as early as the 12th of next month. Through this IPO, SpaceX is projected to raise over $80 billion, making it the largest in history.