SpaceX Files for IPO, Aiming for Record Valuation
- SpaceX has confidentially filed for an initial public offering with the US Securities and Exchange Commission.
- The company seeks a valuation exceeding $1.75 trillion, potentially surpassing Meta, Tesla, and Bitcoin.
- SpaceX could raise up to $75 billion, significantly higher than Saudi Aramco’s record $29 billion debut in 2019.
- The IPO is expected to allocate up to 30% of shares for individual investors.
- SpaceX holds approximately 8,285 Bitcoin valued over $565 million on its balance sheet.
The upcoming IPO will involve major Wall Street firms like Bank of America and Goldman Sachs, with briefings for investors scheduled this month. SpaceX’s dual-class share structure may grant insiders greater voting control.
As SpaceX approaches a potential IPO aiming for a valuation over $1.75 trillion, it continues to hold significant cryptocurrency assets including Bitcoin. (Source)
