"SpaceX has reportedly taken the step many onlookers have long expected: filing the necessary paperwork to hold an initial public offering (IPO) on the stock market and become a publicly traded company."
"The company filed draft IPO registration paperwork with the US Securities and Exchange Commission confidentially, according to Bloomberg."
"SpaceX is said to have designs on holding the largest IPO in history, reportedly looking to raise $75 billion in the offering."
"This would far exceed the current record held by Saudi Aramco, which pulled in $24 billion in its 2019 IPO."
SpaceX has filed confidential paperwork with the SEC to initiate an initial public offering (IPO). The company aims to raise $75 billion, which would surpass the current record of $24 billion held by Saudi Aramco. The IPO is anticipated to occur by July, but the confidential filing means that detailed financial information will not be available for public scrutiny at this time. This move marks a significant step for SpaceX towards becoming a publicly traded company.
Read at Engadget
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