SpaceX IPO sets up Bitcoin exposure test as liquidity fears grow
SpaceX IPO sets up Bitcoin exposure test as liquidity fears grow
SpaceX plans to raise $75 billion through an IPO that would value the company at about $1.77 trillion.Elon Musk would keep 82.4% voting control after the offering, according to the company’s SEC filing.The IPO could surpass Saudi Aramco’s 2019 listing and become the largest public offering in history.SpaceX said the proceeds will support its rocket, Starlink, artificial intelligence and space data center plans.