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SpaceX filed for what could become the largest IPO ever, seeking a valuation of roughly $1.75 trillion.
SpaceX's IPO filing reveals a target valuation of about $1.75 trillion, potentially a record breaker.
KEY POINTS
- xAI accounted for 76% of SpaceX’s $10.1 billion Q1 capital expenditures after the merger.
- Anthropic agreed to pay SpaceX $1.25 billion per month through 2029 for compute capacity.
- SpaceX will have a dual-class share structure granting Musk 85.1% combined voting rights post-IPO.
- Future growth relies heavily on orbital AI infrastructure and markets not yet commercially proven.
COMPANIES
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