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US Stock IPO | SpaceX Prospectus May Be Released as Soon as Next Week
CNBC citing sources reports that Elon Musk’s space exploration company SpaceX, owned by the world’s richest person, may release its initial public offering (IPO) prospectus as early as next week.
SpaceX secretly submitted an IPO application to U.S. regulators in April this year, and the group is currently preparing for this large-scale fundraising listing, planning to launch a roadshow on June 8 to officially promote the IPO to investors.
In February this year, after merging with Musk’s AI startup xAI, SpaceX’s valuation reached $1.25 trillion. Bloomberg, citing sources, said that SpaceX’s IPO fundraising scale is approximately $70 billion to $75 billion, more than double the record IPO size of Saudi Aramco in 2019.