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STOCK MARKETS

SpaceX Files for Landmark IPO, Targeting Mars

SpaceX files for landmark IPO, targeting Mars and AI data centers. Could be the largest market debut in history.

David Wilson
ByDavid Wilson- Senior Editor
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SpaceX Files for Landmark IPO, Targeting Mars
Photo: Prepared by Bond.az

SpaceX has filed for an IPO that could be the largest in history, targeting a $1.75 trillion valuation.

The company, known for its Mars colonization plans and Starlink internet, aims to raise funds for AI data centers in space.

Elon Musk's SpaceX is set to become the second trillion-dollar company in his empire.

Revenue from Starlink and AI ventures are key to future growth, though xAI is still unprofitable.

Musk will retain control through a dual-class share structure, limiting shareholder rights.

The IPO is expected around June 12, with roadshows starting June 4.

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SpaceX Files for Landmark IPO, Targeting Mars | Bond.az