Elon Musk’s SpaceX to file public IPO prospectus in the next couple of days
SpaceX is getting ready to publish its IPO prospectus within days, putting Elon Musk’s rocket and satellite company on the edge of a stock sale so large that Wall Street has no clean comparison for it.
Elon Musk’s SpaceX to file public IPO prospectus in the next couple of days. SpaceX is getting ready to publish its IPO prospectus within days, putting Elon Musk’s rocket and satellite company on the edge of a stock sale so large that Wall Street has no clean comparison for it. The company filed its IPO papers privately in April with the U.S. Securities and Exchange Commission, and the public version may land as soon as next week. The listing is tied to a business now valued at about $1.25 trillion after SpaceX combined with xAI in February. The investor roadshow of SpaceX is scheduled to begin on June 8, which will mark the time when the bankers begin marketing the business deal to major investors. The public disclosure of the offering document needs to happen 15 days prior to the above date, however, SpaceX and its consultants wish to r...