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Elon Musk's SpaceX confidentially filed its IPO paperwork with the U.S.
SpaceX confidentially filed for an IPO targeting a $1.75 trillion valuation, the largest ever.
KEY POINTS
- SpaceX plans to allocate up to 30% of IPO shares to retail investors globally, an unprecedented move.
- The February 2026 merger with xAI combined Starlink's cash flow with xAI's AI capabilities.
- IPO proceeds will fund rapid Starship rocket development, aiming for lunar cargo flights by 2028.
- SpaceX has filed to launch up to one million satellites to build orbital data centers powered by solar energy.
COMPANIES
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