"Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said: "I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I've been giving a lot of thought to how to give people access to SpaceX stock.""
"SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday. It is one of many reports involving one of Elon Musk's companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX."
SpaceX is reportedly preparing for an initial public offering targeted for mid-to-late 2026, aiming to raise $30 billion at an approximate $1.5 trillion valuation. Bloomberg cited multiple unidentified sources for the timeline and financing targets. Elon Musk has warned about the downsides of taking SpaceX public, including litigation exposure and quarterly reporting pressures, but he has also expressed interest in enabling Tesla shareholders to access SpaceX stock. SpaceX and Musk have not commented on the latest report. The company previously resisted going public due to concerns about long-term goals such as Mars colonization.
Read at TESLARATI
Unable to calculate read time
Collection
[
|
...
]