SpaceX Expected to List in June, Valuation May Exceed $1.75 Trillion

Odaily News: According to informed sources, SpaceX has confidentially filed for an IPO, moving a step closer to what could be the largest IPO in history. The sources stated that SpaceX has submitted a draft IPO registration statement to the U.S. Securities and Exchange Commission (SEC) and is expected to go public in June, potentially becoming the first among three major super IPOs, ahead of OpenAI and Anthropic. Sources revealed that SpaceX may seek a valuation exceeding $1.75 trillion in its IPO. The company previously acquired Musk's artificial intelligence startup xAI, bringing the combined entity's valuation to $1.25 trillion. Details of the listing, including the number of shares to be offered and the price range, are expected to be disclosed in subsequent filings. The fundraising size for SpaceX's listing could reach as high as $75 billion, far surpassing the current record holder Saudi Aramco's $29 billion in 2019. Sources indicated that banks including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley will serve as the lead underwriters for this IPO. (Jin10)