Elon Musk’s SpaceX is preparing for what could become the largest initial public offering in history, potentially raising $50 billion and exceeding the total amount raised by all 90 IPOs that debuted last year.
Fortune reports that the hotly anticipated SpaceX IPO is shaping up to be a record-breaking event that would dwarf the combined capital raised through all initial public offerings from the previous year. Following its all-stock acquisition of xAI, the AI company behind the chatbot Grok, SpaceX is positioning itself for a market debut that could transform the IPO landscape.
News of Musk’s IPO plans emerged in December, coinciding with a…
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