SpaceX Reportedly Works With 21 Banks on June IPO at $1.75 Trillion Valuation

New reporting says SpaceX is targeting an IPO valuation of more than $2 trillion and is briefing potential investors ahead of meetings in the coming weeks. The update adds that Saudi Arabia’s Public Investment Fund is reportedly considering a $5 billion investment in the offering. This builds on earlier reports of a possible June listing, a confidential filing, and potential fundraising of up to $75 billion, while reinforcing the higher valuation range cited in more recent coverage.

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