What Happened
Elon Musk's Company Seeks Wall Street Support for Record-Breaking Listing
SpaceX is hosting a three-day analyst meeting this week as it prepares for its highly anticipated initial public offering (IPO). The company, led by Elon Musk, is targeting a $1.75 trillion valuation and aims to raise $75 billion, which would be the largest IPO in history. According to Reuters, SpaceX is holding briefings for Wall Street’s top aerospace and technology analysts at its launch facility in Texas and data center in Tennessee.