SpaceX Files for Nasdaq IPO Under Ticker SPCX

Deep News05:20

SpaceX has publicly submitted its initial public offering (IPO) filing, bringing Elon Musk's rocket, satellite, and artificial intelligence company closer to completing what could become the largest IPO in history.

According to documents filed with the U.S. Securities and Exchange Commission on Wednesday, the company, formally named Space Exploration Technologies Corp., has chosen to list on the Nasdaq stock exchange under the ticker symbol "SPCX."

Insiders had previously indicated that this global leader among private companies, helmed by the world's wealthiest individual, aims to raise up to $75 billion, with a company valuation exceeding $2 trillion.

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