SpaceX could seek IPO valuation of over $1.75 trillion: Bloomberg
By
Binu Mathew
Elon Musk’s SpaceX is aiming to file confidentially for an initial public offering that could value the rocket and satellite company at more than $1.75 trillion, Bloomberg News reported on Friday, citing people familiar with the matter.
The filing could come as soon as March, Bloomberg said, in what would rank among the largest IPOs in history. Plans could still change and SpaceX could delay its listing.
Sources have told Reuters that an IPO was likely in June, and a confidential filing in March would fit that timeline.
