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SpaceX targets March confidential IPO filing at potential $1.75 trillion valuation

Crypto Briefing
SpaceX is reportedly planning a confidential IPO filing in March, aiming for a potential $1.75 trillion valuation and a record $50 billion raise.

Summary

Elon Musk's SpaceX is preparing to confidentially file for an Initial Public Offering (IPO) with the SEC as soon as March, targeting a potential listing around June. The company is reportedly seeking a valuation exceeding $1.75 trillion, a significant increase from prior private market discussions. If achieved, this valuation would place SpaceX among the top five most valuable public companies globally. The offering could raise up to $50 billion, potentially becoming the largest IPO on record, surpassing Saudi Aramco's 2019 debut. Proceeds are earmarked for aggressive expansion, including scaling Starship launches, developing orbital AI data centers, and advancing lunar base goals. Major banks like Bank of America and Goldman Sachs are reportedly involved in senior roles for the deal.

(Source:Crypto Briefing)