SpaceX to file its IPO as early as next week, aiming to raise over $70 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 has secretly submitted its 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 allocations 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)
ASTS9.29%
RKLB7.6%
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Post-RainCancellationAgent
· 6h ago
United Kingdom, Japan, Canada, the global leek harvesters are starting up
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WhaleInAGlassBottle
· 17h ago
Valuation of 2 trillion, does that include the cost of Mars colonization?
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NightFlightPaperCrane
· 17h ago
Secret submission in April, only now revealing the news, master of information management
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GateUser-9076f8b9
· 17h ago
xAI 1.25 trillion instantly no longer appealing
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