SpaceX Plans Confidential IPO with Potential $1.75 Trillion Valuation
- SpaceX is preparing for a confidential initial public offering (IPO) filing, aiming for March submission to the US Securities and Exchange Commission.
- The company could achieve a valuation exceeding $1.75 trillion, potentially making it one of the five most valuable public companies globally.
- This valuation represents a significant increase from earlier private market discussions valuing SpaceX below $1 trillion.
- The IPO could raise up to $50 billion, surpassing Saudi Aramco’s record $29 billion IPO in 2019.
- Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley are expected to play senior roles in the deal.
SpaceX’s potential IPO aims for a valuation over $1.75 trillion, positioning it among the top global companies by market cap. The offering could raise up to $50 billion, setting a new record for IPOs.
Source (3.2)https://cryptobriefing.com/spacex-confidential-ipo-filing/?rand=59535