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SpaceX IPO prospectus may drop next week, targeting $70-75B raise and $1.75T valuation, with heavy retail investor focus.

Market News
15 May 2026
Opeyemi Babalola
View Source
Neutral
pluang ai news

SpaceX is expected to release its IPO prospectus soon, aiming to raise $70-75 billion and seek a valuation around $1.75 trillion, which would make it one of the most valuable public companies globally. The company's revenue is largely driven by Starlink's satellite internet business, which showed strong growth and profitability, while its AI division, xAI, is still burning cash. The IPO features a dual-class share structure giving Elon Musk significant voting control, limiting public shareholders' influence. Up to 30% of shares may be allocated to retail investors worldwide, and inclusion in major indexes could trigger substantial passive fund buying. Investors should carefully review the prospectus to understand the risks and opportunities before investing.

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