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SpaceX Planning to Launch USD50B IPO in June: Report
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Elon Musk's SpaceX is considering launching a USD50 billion IPO in mid-June, The Financial Times reported, citing sources. The company's valuation is estimated at around USD1.5 trillion.

The said fundraising amount doubles the previous reports, meaning that the SpaceX IPO would surpass Saudi Aramco's USD29 billion IPO in 2019 and become the largest in history.

Related NewsDurable Goods Orders MoM for Nov in United States is 5.3%, higher than the previous value of -2.1%. The forecast was 3.7%.

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