SpaceX reportedly seeks to go public at a valuation of over $2 trillion

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Bloomberg, citing sources, says SpaceX, Elon Musk’s space exploration company under his control, has raised its target valuation for its initial public offering (IPO) to more than $200 billion.

This startup, which is currently valued at the highest level globally, is preparing for a potential IPO that could become the largest capital-raising deal in history. In the coming weeks, it will hold talks with potential IPO investors.

More than $200 billion means that in just a few months, SpaceX’s valuation has risen by nearly two-thirds. Its market value ranks just behind NVIDIA, Apple, Alphabet, Microsoft, and Amazon.

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