What Happened
Everything Investors Need to Know Before the Biggest IPO Ever
SpaceX, led by Elon Musk, is set to make its public markets debut on June 12, with the company hoping to raise $80 billion or more. The valuation could range from $1.75 trillion to $2 trillion or higher, making it potentially the largest IPO ever. SpaceX is a pioneer in the space economy, leveraging reusable rockets and operating a low-Earth-orbit satellite network called Starlink. The company has also acquired AI company xAI and is exploring data centers in space. This development was first reported by The Wall Street Journal.