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HUGE: Elon Musk's SpaceX is reportedly nearing an IPO filing, potentially raising $50B and valuing the company at $1.75T, the largest IPO in history.
Details:
- Filing of prospectus for an IPO this week, BBG reports
- Raise target: $75B+ (prev. est. was $50B)
- Would 2.5x Saudi Aramco's $29.4B IPO record
- Valuation: $1.5 - $1.75 TRILLION
- Planned listing: June 2026
- Starlink revenue: ~$16B in 2025
- Retail investors could get >20% of shares
Everyone's going to want a piece of this one.