Elon Musk's SpaceX moves to launch IPO, lifting the lid on $18.7 billion revenue and trillion-dollar AI ambitions
New Delhi, May 21 -- SpaceX, Elon Musk's rocket, satellite and artificial intelligence company, filed documents on Wednesday to go public on the Nasdaq stock exchange, triggering what analysts are already calling the largest initial public offering in stock market history. The listing, expected as early as June, could raise between $50 billion and $75 billion from investors and value the company at $1.25 trillion, making it the first US company to enter the public markets at a trillion-dollar valuation.
For investors, the filing represents a generational opportunity to own a stake in a company that has fundamentally rewritten the economics of space travel, dominates US rocket launches five to one over its nearest competitors, and is now ...
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