SpaceX eyes record $1.75T valuation in blockbuster IPO

1 day ago

SpaceX, Elon Musk's rocket and satellite company, is planning to target a $1.75 trillion valuation in its blockbuster initial public offering, which will consist entirely of new shares, according to Reuters. The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any