Elon Musk Says Bloomberg SpaceX IPO Valuation Report Is False
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Elon Musk denied Bloomberg's report that SpaceX lowered its IPO valuation target, replying "False" after Bloomberg said SpaceX is targeting at least a $1.8 trillion valuation and may seek to raise as much as $75 billion. The expected SPCX listing has investors tracking valuation, fundraising size and timeline for potential market impact and implications for crypto-related fundraising and institutional adoption.
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- Elon Musk replied “False” to a report claiming SpaceX lowered its IPO valuation target.
- Bloomberg reported that SpaceX is targeting at least $1.8 trillion in its IPO.
- The report said SpaceX may seek to raise as much as $75 billion.
Elon Musk has denied a report that SpaceX lowered its initial public offering valuation target ahead of its expected market debut. Musk replied “False” on X after a post cited Bloomberg’s report that SpaceX was now targeting a valuation of at least $1.8 trillion.
The response added fresh attention to one of the most closely watched IPO plans in global markets. SpaceX is expected to list under the ticker SPCX, with investors tracking its valuation, fundraising size, and listing timeline.
Musk Pushes Back on Valuation Report
Bloomberg reported that SpaceX is currently targeting a valuation of at least $1.8 trillion in its p…
Read The Full Article Elon Musk Says Bloomberg SpaceX IPO Valuation Report Is False On Coin Edition.
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