"SpaceX is set to be one of the most closely watched and highly valued listings in market history, with a potential valuation upwards of $1.75 trillion."
"The confidential filing will give regulators a period to review and discuss the company's financial disclosures before investors and the public are able to view them."
"The IPO could take place as early as June, in what is expected to be a banner year for high-value public offerings."
"Musk's rival OpenAI is also planning to go public later this year at an immense valuation, having closed a funding round of $122 billion."
SpaceX has filed for an initial public offering on the US stock market, aiming for a valuation exceeding $1.75 trillion. The IPO is anticipated to be one of the most significant listings in market history. The confidential filing allows regulators to review the company's financial disclosures before public access. The IPO could occur as early as June, coinciding with a year expected to feature numerous high-value public offerings. Other companies, including OpenAI and Anthropic, are also planning IPOs this year.
Read at www.theguardian.com
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