SpaceX Files for IPO That Could Dwarf Saudi Aramco’s Record
BeInCrypto
SpaceX has confidentially filed for an IPO, potentially reaching a $1.75 trillion valuation and surpassing Saudi Aramco's record-breaking offering.Summary
SpaceX has submitted a confidential draft registration for an Initial Public Offering (IPO) to the US Securities and Exchange Commission, aiming for a potential June listing. With a target valuation exceeding $1.75 trillion, the company could raise up to $75 billion, significantly eclipsing the $29 billion record set by Saudi Aramco in 2019. To manage the offering, SpaceX has engaged major financial institutions including Goldman Sachs and JPMorgan Chase, while considering a dual-class share structure to maintain insider voting control for figures like Elon Musk.
(Source：BeInCrypto)