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BBC·3 min read·medium

SpaceX says it’s worth $1.75tn as it nears stock market debut

SpaceX says it’s worth $1.75tn as it nears stock market debut
AI Summary

SpaceX has filed for an IPO with a suggested share price of $135, valuing the company at approximately $1.75 trillion. If successful, this would be the largest IPO in history and could potentially make Elon Musk a trillionaire.

Why it matters

The valuation reflects the massive market interest in space exploration and satellite infrastructure, marking a significant milestone for the commercial space industry.

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Share Save Add as preferred on Google Kali Hays Technology reporter Manuel Mazzanti / NurPhoto via Getty Images SpaceX builds and operates the rockets and launch infrastructure that support its subsidiary Starlink Elon Musk s SpaceX has released a suggested share price ahead of its planned listing, which would make it the largest initial public sale in history.

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The article presents financial data and market projections objectively without editorializing on the company's prospects.

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