SPACEX TO PURSUE 2026 IPO RAISING FAR ABOVE $30 BILLION

Summary from the TLDR newsletter

SpaceX is moving ahead with plans for an initial public offering that could raise significantly more than $30 billion. It is targeting a valuation of about $1.5 trillion for the entire company. SpaceX's management and advisors are pursuing a listing as soon as mid-to-late 2026. The company is expected to produce about $15 billion in revenue in 2025, increasing to up to $24 billion in 2026.