SpaceX, the rocket and satellite company led by Elon Musk, is pursuing a record initial public offering (IPO) after filing regulatory documents. The company says it plans to raise about US$75 billion in the share sale, targeting a valuation of US$1.765 trillion. According to the filing, SpaceX intends to offer 555,555,555 shares priced at US$135 each. The two reports agree on the main figures: the planned gross proceeds of roughly US$75 billion, the number of shares to be sold, and the valuation implied by the offering price. Both also describe SpaceX as a US-based rocket and satellite company and note that the IPO is intended to be among the largest ever. The reports do not add details on timing, underwriting, or whether the offering size could change, but they consistently present the same core terms from the company’s filing.
SpaceX files for record $75 billion IPO at $1.765 trillion valuation
SpaceX, the rocket and satellite company led by Elon Musk, is pursuing a record initial public offering (IPO) after filing regulatory documents. The company says it plans to raise about US$75 billion...
- SpaceX files for a record initial public offering.
- The planned offering aims to raise about US$75 billion.
- SpaceX plans to sell 555,555,555 shares.
- The proposed price is US$135 per share.
- The filing values SpaceX at about US$1.765 trillion.
SpaceX, the rocket and satellite company led by US billionaire Elon Musk, aims to raise approximately $75 billion in a record initial public offering, the company said in a regulatory filing on Wednesday, valuing the company at $1.765 trillion.
2 months agoThe company said it will offer 555,555,555 shares at US$135 each, giving it a valuation of US$1.765 trillion.
2 months agoU.S. imposes 50% tariffs on $20 billion of Canadian goods; Canada announces retaliation
The United States imposes 50% tariffs on about $20 billion worth of Canadian products after negotiations between the two...
Revolut begins phased rollout of euro-pegged EURR stablecoin in three European countries
Revolut starts a phased rollout of EURR, its first euro-pegged stablecoin, for customers in Denmark, Poland, and Portuga...
Deloitte Agrees to Pay $21.5 Million to Settle U.S. DOJ Probe on DEI Practices
Deloitte has agreed to pay $21.5 million to settle a probe by the U.S. Department of Justice into the firm’s diversity,...