SpaceX is poised to be the biggest IPO ever. Here are the top U.S. deals to date
SpaceX is preparing for a historic IPO that is expected to be the largest ever on the Nasdaq under the ticker SPCX. The company aims to raise around $75 billion, significantly surpassing the previous record held by Alibaba's $22 billion offering. This move comes as investors hope to revitalize a sluggish IPO market affected by economic challenges.
- ▪SpaceX filed its IPO prospectus on Wednesday, aiming for a record-breaking debut.
- ▪The company is reportedly targeting a valuation of around $75 billion.
- ▪This would exceed the largest U.S. IPO to date, which was Alibaba's $22 billion offering in 2014.
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When SpaceX finally debuts on the Nasdaq, under the ticker symbol SPCX, it will almost certainly set a record for the largest offering ever. By a long shot. Elon Musk's reusable rocket maker filed its long-awaited IPO prospectus on Wednesday. The company didn't say how much it plans to raise but is reportedly aiming to reel in around $75 billion. That's more than triple the size of the biggest U.S. IPO to date, which was Alibaba's $22 billion offering in 2014. The next largest U.S.
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