economy
SpaceX plans to raise $75B in its IPO
It would be the largest IPO of all time. By a lot.
TL;DR
- SpaceX plans to raise $75 billion in its initial public offering.
- The IPO is expected to occur within the next few weeks.
- This would be the largest IPO ever, significantly surpassing previous records.
- The company plans to offer 555.6 million shares at $135 per share.
- SpaceX would be valued at approximately $1.75 trillion at this price.
- The company's current revenue streams include Starlink, and it is focusing on AI and orbital data centers for future growth.
- SpaceX highlights the AI sector's potential total addressable market (TAM) as $26.5 trillion.