SpaceX trims IPO valuation target to at least $1.8 trillion, per Bloomberg

1 min read
Source: Seeking Alpha
SpaceX trims IPO valuation target to at least $1.8 trillion, per Bloomberg
Photo: Seeking Alpha
TL;DR Summary

SpaceX is targeting a valuation of at least $1.8 trillion for its upcoming IPO, Bloomberg reports, down from a prior target above $2 trillion after adviser and investor feedback; the company plans a June marketing push and could raise up to $75 billion.

Share this article

Reading Insights

Total Reads

0

Unique Readers

41

Time Saved

2 min

vs 3 min read

Condensed

89%

40743 words

Want the full story? Read the original article

Read on Seeking Alpha