SpaceX files confidentially for IPO, eyes June listing at $1.75 trillion valuation
Crypto Briefing
SpaceX has confidentially filed for an IPO, potentially becoming the largest listing in history with a $1.75 trillion valuation.Summary
SpaceX has submitted draft registration documents to the U.S. Securities and Exchange Commission for an initial public offering (IPO), aiming for a potential listing in June. This move follows earlier reports indicating a valuation exceeding $1.75 trillion. The company recently combined with xAI in an all-stock deal, creating an entity valued at $1.25 trillion. If successful, this IPO would significantly surpass Saudi Aramco’s $29 billion debut. SpaceX’s revenue reached as much as $16 billion last year, with approximately $8 billion in profit, driven largely by the growth of its Starlink satellite internet service and expansion into AI infrastructure.
(Source：Crypto Briefing)