SpaceX Files for IPO
SpaceX has confidentially filed for an initial public offering, bringing it closer to a potential record-breaking listing. The company, founded by Elon Musk, is valued at over $1.75 trillion and plans to list in June, with a dual-class share structure to retain power for insiders.
SpaceX has filed for an initial public offering. The company submitted a draft IPO registration to the US Securities and Exchange Commission. A June listing is planned, with a valuation of over $1.75 trillion. SpaceX aims to launch a megaconstellation of orbital data centers and is working on its Starship launch platform. The company has yet to successfully launch Starship into orbit. SpaceX has shifted focus to building a self-growing city on the Moon, rather than Mars.
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