SpaceX could seek IPO valuation of over $1.75 trillion: Bloomberg

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.

Read more

You may also like

Comments are closed.

More in IT