SpaceX has reportedly filed for the biggest IPO in history
Engadget • • business
Key Points:
- SpaceX has confidentially filed draft IPO registration paperwork with the US Securities and Exchange Commission, indicating plans to become a publicly traded company.
- The confidential filing allows SpaceX to receive SEC feedback before publicly disclosing financial details, including share price and offering size.
- The company aims to conduct the largest IPO in history, targeting $75 billion in fundraising, surpassing Saudi Aramco's $24 billion record from 2019.
- SpaceX is expected to seek a valuation of $1.75 trillion for the IPO, up from its previous $1.25 trillion valuation following its acquisition of xAI earlier this year.
