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Elon Musk’s SpaceX will go public next year, with historic target valuation of $1.5 trillion


Elon Musk’s SpaceX will go public next year, with historic target valuation of $1.5 trillion

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SpaceX plans an IPO aiming to raise over $30 billion, with a target valuation of $1.5 trillion, potentially the highest ever. This approach is compared to Saudi Aramco's 2019 IPO, which raised $29 billion.

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Elon Musk’s SpaceX is moving toward an initial public offering that plans to raise well above $30 billion, targeting a full valuation of $1.5 trillion, the highest ever, according to Bloomberg. That would place SpaceX close to the level set by Saudi Aramco’s 2019 market debut, when the oil giant raised $29 billion. Reportedly, the […]
Read the article at CryptoPolitan

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