SpaceX to file its prospectus for public offering as early as next week, planning to raise over $700 billion

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ME News Report, May 15 (UTC+8), SpaceX plans to publicly release its IPO prospectus as early as next week, aiming to launch a global roadshow on June 8 to officially introduce the offering to investors. The company submitted a confidential IPO application in April this year. This IPO is expected to be the largest in history. In February, SpaceX completed a merger with Elon Musk's artificial intelligence company xAI, with the combined entity valued at $1.25 trillion. Reports indicate that the company's target fundraising amount is approximately $70 billion to $75 billion, more than double the record set by Saudi Aramco in 2019. The valuation expectation for the SpaceX IPO has increased from $1.75 trillion to $2 trillion. According to regulations, the prospectus must be made public at least 15 calendar days before the roadshow begins, but SpaceX and its advisors hope to disclose it earlier so investors have more time to digest the financial data. Due to the unprecedented scale of this stock sale, SpaceX's advisory team is seeking special sales channels, especially targeting retail investors outside the U.S. who tend to hold long-term, including engaging with brokers in the UK, Japan, Canada, and other countries to secure allocation shares for their clients. Following this news, satellite and space concept stocks such as Redwire, AST SpaceMobile, and Rocket Lab rose by 22.08%, 10.96%, and 6.77%, respectively, on the 14th. (Source: ChainCatcher)
ASTS3.64%
RKLB8.51%
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GateUser-55f70f75
· 30m ago
$7-7.5 billion in funding, is Musk planning to take Mars public as well?
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PeopleCanNeverEarnMoneyBeyond
· 9h ago
Buy the dip and enter the market 😎
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PerpNightRunner
· 9h ago
SpaceX is finally here, a $2 trillion valuation is just too crazy.
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FarmingNoSleep
· 9h ago
How much did AST SpaceMobile go up today? Did anyone see it?
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GateUser-ad8b77bd
· 9h ago
Secretly listing in April, roadshow in June—this pace is as fast as a rocket
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Half-MeltedIceCreamPosition
· 9h ago
The retail channels in the UK, Japan, and Canada seem to really want to harvest the entire world.
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PatchNotePaladin
· 9h ago
Secret application for public roadshows, this phrase combination is quite interesting.
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AutumnSlopeCabin
· 9h ago
xAI 1.25 trillion, SpaceX 2 trillion, Musk's oscillating battle
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