economy

SpaceX is reportedly aiming to raise $75 billion in its IPO.

CNBC reports details from a new filing ahead of SpaceX’s IPO on June 12th and notes a mention that xAI, which merged with SpaceX earlier this year, bought $269 million worth of Tesla megapack batteries in April.

SpaceX is reportedly aiming to raise $75 billion in its IPO.

TL;DR

  • SpaceX is reportedly aiming to raise $75 billion in its upcoming IPO.
  • A new filing indicates a potential IPO date of June 12th.
  • At $135 per share, SpaceX could be valued at $1.77 trillion, surpassing Tesla.
  • xAI, merged with SpaceX this year, bought $269 million of Tesla megapack batteries in April.