Sources: SpaceX Hosts Three-Day Analyst Meeting This Week to Engage Wall Street Ahead of IPO

On April 21, three informed sources revealed that SpaceX is steadily advancing its highly anticipated initial public offering (IPO) plan. This week, the company will hold a three-day closed-door analyst meeting at its launch site in Texas and its super-large data center in Tennessee. The space exploration company, owned by Elon Musk, is conducting roadshows aimed at top aerospace and technology analysts on Wall Street, planning to raise $75 billion. If successful, it would become the largest IPO in history, with company executives targeting a formal trading debut by the end of June. According to insiders, the presentation will kick off on Tuesday, and after a full day of meetings, analysts will tour the company’s Starbase launch facility in Boca Chica, Texas, which manufactures rockets and satellites. They added that on Wednesday, another group of analysts representing large mutual funds, pension funds, and other institutional investors will attend a special closed-door briefing at Starbase; on Thursday, analysts are invited to visit the Macrohard project at the massive data center in Memphis, Tennessee.