SpaceX Files for IPO, Aiming for $1.75T Valuation
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
SpaceX, led by Elon Musk, is set to make history with a potential IPO, aiming for a valuation of over $1.75 trillion, surpassing Meta, Tesla, and Bitcoin. This move comes after acquiring xAI and amidst a heated AI race with OpenAI and Anthropic. OpenAI recently secured $122 billion in funding, valuing it at $852 billion. SpaceX is preparing for investor briefings and considering a dual-class share structure. Major banks are involved, and while SpaceX holds significant Bitcoin, its unclear if crypto will play a role in the IPO. Meanwhile, OpenAI and Anthropic are also considering IPOs, potentially bringing the AI showdown to public markets.
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