Money
SpaceX Files for Largest IPO Ever at $1.75 Trillion Valuation
All-In Podcast
SpaceX's $2T Case, Nvidia's Shock Selloff, America Turns on AI, Trump Pulls AI Order, Bond Crisis?
"SpaceX just filed their S-1 on Wednesday. They are aiming to raise $75 billion at a $1.75 trillion with a T valuation. This would be the largest IPO ever by more than double Saudi's Aramco $29 billion IPO a couple years ago."
SpaceX filed for a mid-June IPO targeting a $1.75 trillion valuation and $75 billion raise, more than double the largest IPO in history. The S-1 revealed Starlink generated $11.4 billion in revenue with $4.4 billion in operating income, while the AI business did $3.2 billion in revenue but posted $6.4 billion in operating losses as xAI plays catch-up in the AI race.
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