📈FINANCE: SPACEX TARGETS UP TO $75B OF FUNDING IN STOCK IPO

The IPO would be aimed at funding an “insane flight rate” for its developmental Starship rocket, artificial intelligence data centers in space, and a base on the moon, per Musk. SpaceX is jointly filing with another Elon Musk-founded company, xAI.

The individual investor allocation could exceed 20%, although the final structure is still being determined.

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