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News in English (USA) / 21.05.2026 / 22:00

SpaceX Prepares for Record-Breaking IPO Amidst Financial Challenges and Ambitious Ventures

SpaceX has officially filed for a highly anticipated initial public offering (IPO) that could potentially make Elon Musk a trillionaire. Despite facing significant losses, including $4.94 billion linked to its xAI merger, the company aims to raise $75 billion and targets a June 12 debut on Nasdaq. Goldman Sachs has been selected to lead the IPO, with significant participation from retail investors benefiting from major brokerage platforms. As the IPO moves forward, investors are eyeing the financial revelations, which show SpaceX’s massive ambitions and spending on projects aimed at making life multiplanetary. The excitement surrounding the offering has also sparked interest in related stocks and ETFs. However, there are concerns about SpaceX not being the behemoth it was once perceived to be, as it navigates cash drains from its various ventures.
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