SpaceX Is Reportedly Getting Ready To Go Public As Early As June
Engadget • • general
Key Points:
- SpaceX is accelerating its IPO timeline, aiming to be listed on the Nasdaq by June 12, with an announcement possibly as early as next Wednesday.
- The company plans to start its IPO roadshow on June 4 to attract investors, with the share sale potentially beginning on June 11.
- Earlier filings indicated an IPO launch initially expected in late June or early July, but the timeline has now been moved up significantly.
- SpaceX aims to raise up to $75 billion in the offering, targeting a valuation of approximately $1.75 trillion.
- BlackRock is reportedly considering a major investment of $5 to $10 billion in SpaceX's IPO.