We're talking about Elon Musk's company that reaches for the stars — SpaceX, which folks are calling 'Spacex'. They're about to make a huge move with an IPO that could be the biggest in history, it's absolutely insane!
Latest scoop: 'Spacex' has officially submitted its IPO application, ticker symbol SPCX, and it’s definitely hitting the Nasdaq. The date is set: June 12th for the official launch, no beating around the bush!
How wild is this IPO? The numbers are literally jaw-dropping!
Valuation: $1.75 trillion - $2 trillion (around ¥11.9 trillion), worth more than half of Tesla, it’s two Moutai bottles behind!
Fundraising: They need to raise$70 billion to $75 billion, which will smash the previous record set by Saudi Aramco and becomethe largest IPO in the world!
Strength: 80% of global rocket launches are done by them, with thousands of Starlink satellites and annual revenue exceeding $10 billion. They are definitely the space monopoly boss!
Retail investors can hop on board too! One share splits into five, lowering the entry barrier big time.
To let us regular folks get in on the action, the company is splitting 1 share into 5, dropping from over $500 a share to just over $100. That's way more accessible! Plus, Elon Musk said he won't sell a single share, absolutely no cashing out and running. The game is on full throttle!
Capital tycoons are going wild! BlackRock is dropping $5 billion to $10 billion to get in the game.
The top-tier global asset management giant BlackRock is rushing to throw in $5 billion to $10 billion, afraid of missing out on the allocation. You can see how hot this 'Spacex' is!
Simply put, this is Elon Musk’s 'space printing press' about to distribute profits. The rockets + Starlink are going public, all hard assets, no fluff! If you want to ride the space wave and sip from Musk's cup, this is definitely a once-in-a-lifetime opportunity!
