Feb 27 (Reuters) – Elon Musk’s SpaceX is aiming to file confidentially for an initial public offering that could value the rocket and satellite company at more than $1.75 trillion, Bloomberg News reported on Friday, citing people familiar with the matter.
The filing could come as soon as March, Bloomberg said, in what would rank among the largest IPOs in history.
SpaceX, which acquired Musk’s artificial-intelligence startup xAI, did not immediately respond to a Reuters request for comment.
(Reporting by Juby Babu in Mexico City; Editing by Tasim Zahid)
Comments