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Reuters: SpaceX to Hold Analyst Meeting This Week to Engage Wall Street Ahead of IPO
According to Reuters, informed sources have revealed that SpaceX is steadily advancing its initial public offering (IPO) plans. This week, the company will host a three-day closed-door analyst meeting at its launch site in Texas and its super-sized data center in Tennessee, aimed at top aerospace and technology analysts on Wall Street. SpaceX plans to raise $75 billion, which, if successful, would make it the largest IPO in history. Company executives aim to officially list by the end of June. Sources indicate that the presentation will kick off on Tuesday, with analysts visiting the company’s Starbase launch site in Boca Chica, Texas, after a full day of meetings. On Wednesday, another group of analysts representing large mutual funds and pension funds will attend a special closed-door briefing at Starbase. On Thursday, analysts are invited to visit the Macrohard project at the Giant Data Center in Memphis, Tennessee.