SpaceX lands Google AI compute deal
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SpaceX will sell its shares for $135 apiece during its IPO, yielding a valuation of $1.77 trillion.
Many current and former staffers have stakes valued at millions of dollars and will be able to tap them more easily after the rocket maker goes public.
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
The largest index in the world won't relax its rules to let SpaceX enter early.
Projections banks shared with top investors show how they are selling the rocket maker’s $1.77 trillion valuation.
Why some investors see SpaceX’s future in challenging Boeing and Airbus — as well as the airline industry — by flying Starship point-to-point across Earth.
SpaceX shared a 17-minute investor pitch from CFO Bret Johnsen for its upcoming IPO. He covers the rocket business, Starlink, AI, and more.