Jun. 2 at 11:47 PM
SpaceX is expected to set the terms of its highly anticipated IPO as early as Wednesday afternoon, according to Bloomberg, paving the way for what could become the largest public offering ever. The Elon Musk-led company is reportedly seeking to raise up to
$75 billion and is targeting a valuation of at least
$1.8 trillion, underscoring investor enthusiasm for its leadership in space launches, satellite communications, and artificial intelligence.
An amended regulatory filing is expected to reveal the proposed price range and the number of shares to be offered. Once the filing has been public for the required period, SpaceX can formally begin marketing the deal to investors. The company is planning a relatively short roadshow, with final pricing expected on June 11, giving investors a limited window to evaluate one of the most closely watched IPOs in recent years.
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