SpaceX cuts $2T IPO target to $1.8T, still aiming for history’s biggest public listing
SpaceX, the Elon Musk-led aerospace and AI giant, has quietly scaled back its ambitious valuation target for its upcoming initial public offering (IPO) to at least $1.8 trillion—down from earlier aspirations of exceeding $2 trillion—while still aiming to raise a record $75 billion, according to multiple sources familiar with the process. The adjustment, confirmed by … Read more