SpaceX Readies IPO Paperwork For March, Targeting $1.75 Trillion Valuation<!-- --> | ZeroHedge
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Big if true.SpaceX is preparing to confidentially file for an initial public offering as early as next month, people familiar with the matter said, advancing plans for what could become the largest listing ever, according to Bloomberg.
The Starbase, Texas-based rocket and satellite company is expected to submit draft IPO paperwork to the US Securities and Exchange Commission in March, potentially positioning it for a June debut. That timing would make it the first in a possible wave of mega-offerings, with OpenAI and Anthropic PBC possibly following.
Deliberations are ongoing and plans could shift, the people cautioned, noting the filing could still be postponed.
Bloomberg writes that some of the people said SpaceX may pursue a valuation above $1.75 trillion, speaking anonymously because discussions are private. The company recently acquired xAI, Elon Musk’s AI venture, in a February deal valuing the combined business at $1.25 trillion, Bloomberg News reported. A confidential filing would allow SpaceX to receive regulatory feedback and revise disclosures before they are made public. A representative for the company did not immediately comment.
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