SpaceX Lowers IPO Valuation Target to at Least $1.8 Trillion
SpaceX has adjusted its initial public offering (IPO) valuation target to a minimum of $1.8 trillion, down from a previous target above $2 trillion. This change follows consultations with advisors and investors as the company, known for its aerospace, data, and AI ventures, approaches its IPO. The information was reported by Bloomberg and confirmed by anonymous sources familiar with the matter.