SpaceX, Setting IPO
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By Echo Wang June 2 (Reuters) - SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion, including a greenshoe option, in its blockbuster initial public offering,
The company is weighing in likely because a locked phone on AT&T or Verizon can't use T-Mobile's T-Satellite. In the FCC letter, SpaceX also takes a swipe at T-Mobile's own 365-day unlocking rule.
The answer is: lots of investors in an extraordinarily deep and liquid market. Unprecedented as the serving of supersized IPO s is, America’s extraordinary stockmarket will gulp it down. In the years to follow, though, expect some indigestion.
Michael Burry said there's "nothing" in SpaceX's IPO filing to warrant a trillion-dollar valuation, and Anthropic might never be worth that much.
One of the most fantastical claims SpaceX is making during the countdown to its IPO is that it is helping create one of the most advanced civilizations in the Milky Way.
Elon Musk's Texas-based space firm last week also landed a $2.29B deal for work on the missile defense system.
Venture firm outlines how a future SpaceX IPO could accelerate the intersection of artificial intelligence, space infrastructure, and next-generation computing.
MDA Space is not just a concept stock. The company reported Q1 revenue of CA$464.1 million, up 32.2% from a year earlier, while adjusted EBITDA rose to CA$90.6 million (6). It also ended the quarter with a backlog of CA$3.7 billion, giving the business meaningful revenue visibility.