SpaceX Initiates IPO Following Musk's China Visit, FSD Autopilot Nears Chinese Launch

Deep News10:36

SpaceX has fired the starting gun for a major IPO, with plans to raise at least $80 billion through a stock offering as early as next month. The company disclosed new details regarding its financial status in a prospectus released on Wednesday, officially commencing the countdown to its initial public offering.

Tesla has announced the latest deployment plan for its supervised Full Self-Driving (FSD) system, confirming that the supervised version of FSD is now available for use in China. In recent days, Tesla China has posted several job openings related to intelligent driving testing, sparking industry speculation about an accelerated rollout of FSD in the Chinese market.

Inquiries made to Tesla's official customer service as a consumer received the response: "The 64,000 yuan intelligent driving assistance feature is not compatible with all vehicles; some are only compatible with the 32,000 yuan enhanced driving assistance function. The company is actively advancing approval procedures in accordance with national regulations and will make it available to domestic customers as soon as approvals are secured."

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