IPO trading is expected on Nasdaq, with the company's valuation exceeding that of Saudi Aramco's debut, and Twitter is included in the offering.
2 reports, 2 independent
Updated Jun 11
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What happened
IPO trading is expected on Nasdaq, with the company's valuation exceeding that of Saudi Aramco's debut, and Twitter is included in the offering.
Who's involved
What this event is mainly aboutKeep exploring
Part of
SpaceX, driven by the Starlink business, is seeking investment banking services from firms like Goldman Sachs as part of its path toward an Initial Public Offering.Also in this story
- SpaceX is converting its launch capabilities into a business and receiving bullish price targets from analysts regarding its IPO.
- A company utilizing Starlink technology is pursuing its IPO, successfully acquiring radio frequency licenses from EchoStar and reaching a market valuation surpassing Microsoft's.
- SpaceX undergoes a division, receiving revenue projections from Goldman Sachs, with Elon Musk leading the new structure.
- Elizabeth Warren argues for careful SEC review of SpaceX's IPO while Elon Musk maintains control over 85% of shareholder voting power.
The entities involved
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SpaceX
American private aerospace company
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Elon Musk
businessman and entrepreneur (born 1971)
- Richard Cooke publishes a history of Wikipedia, while Elon Musk derides the platform as "Wokepedia," and Jimmy Wales is noted as a cofounder.
- Spencer Pratt criticized local government failures in Los Angeles, while Musk benefited from low wages in China, and Starlink provided utility access after a fire.