SpaceX’s IPO filing left some ruthlessly prepared contingencies—$75 billion worth of ammunition is loaded and primed, ready to fire at any time. Even acquisitions and spin-offs are in play, proving once again that Elon Musk really is an old-school operator.

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SpaceX: New IPO warning, valuation reaches $1.8 trillion
Jiejie.com reports that SpaceX added warning language to its IPO filing, allowing future trading to be boosted by issuing a large number of Class A shares. The revised S-1/A shows that the company may issue equity in the future for strategic actions such as acquisitions and spin-offs, and it explains how it plans to use publicly traded shares after going public. The document states that SpaceX may raise up to $75 billion, with a valuation of at least $1.8 trillion, which is below the earlier target of more than $2 trillion. Specific transactions have not yet been confirmed, but the filing leaves flexibility for major actions after the IPO.
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