The Korea Times
Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, a person familiar with the matter told Reuters on Wednesday, setting the stage for what could become the largest stock market listing on record. A public listing at a potential valuation of more than $1.75 trillion would signal that space exploration has moved from a speculative venture to a mainstream investment theme. SpaceX's growth has been driven by its reusable rockets and the Starlink satellite internet network. The filing comes after SpaceX merged with Musk's artificial intelligence startup xAI in a deal that valued the rocket company at $1 trillion and the developer of the Grok chatbot at $250 billion. SpaceX is hosting an analyst day on April 21, encouraging research analysts to attend in person, according to a person familiar with the matter, who requested anonymity to discuss confidential information. The company is also offering analysts an optional visit to xAI's "Macrohard" data center site in Memphis, Tennessee, on April 23, and plans to hold a virtual session on May 4 to discuss financial mod
Go to News Site