Musk’s Tweets and IPO Prospectus Differ, SpaceX IPO Disclosure Draws Market Scrutiny
Odaily reported that SpaceX officially filed its IPO prospectus last week. However, CEO Elon Musk's recent social media posts detailing the company's computing power rental agreement with Anthropic have significantly diverged from the contents of the prospectus. The prospectus indicates the partnership will continue until 2029 with a monthly rent of $125 million. Musk, however, stated the agreement is merely a 180-day short-term lease, with either party able to terminate the partnership with 90 days' notice.
This discrepancy makes it difficult for investors to assess the company's valuation, and industry experts have raised questions about the standardization of information disclosure. Additionally, analysts have pointed out several key data omissions in the prospectus. SpaceX is expected to go public on June 12. The company's valuation currently exceeds one trillion dollars, and it continues to operate at a loss. (CNBC)
