SpaceX Aims for Record-Breaking IPO

SpaceX, led by Elon Musk, is reportedly planning a massive IPO, potentially surpassing Saudi Aramcos record. The company, known for Starlink and Starship projects, aims to raise over thirty billion dollars. The IPO could happen as early as mid to late 2026, with a secondary offering priced at around four hundred twenty dollars per share, pushing its valuation above eight hundred billion dollars. The funds will support Starlinks growth, space-based data centers, and Starship development.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.