Market Chatter: SpaceX IPO Set to Return Over $60 Billion Each for Valor, Founders Fund

MT Newswires Live05-20

SpaceX's initial public offering is set to return close to $65 billion for Valor Equity Partners and over $60 billion for Founders Fund, according to a person familiar with the investment, The Information reported Tuesday.

The estimates are based on SpaceX being valued at $1.75 trillion in the IPO, the report said.

Valor Equity Partners and Founders Fund didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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