SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion
SpaceX, Elon Musk’s rocket and satellite company, said on Wednesday it plans to raise about $75 billion in an initial public offering, valuing the company at $1.765 trillion. The company will offer 555.6 million shares at $135 each, surpassing Saudi Aramco’s record $25.6 billion
SpaceX, Elon Musk’s rocket and satellite company, said on Wednesday it plans to raise about $75 billion in an initial public offering, valuing the company at $1.765 trillion. The company will offer 555.6 million shares at $135 each, surpassing Saudi Aramco’s record $25.6 billion IPO in 2019.
This report comes from France 24. The story centres on SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion. Full coverage and background context is available at the original source. Readers seeking more detail on this developing topic are encouraged to follow updates from France 24 and related outlets covering this beat.
