TLDR · BIG TECH & STARTUPS
THE SPACEX IPO WILL BE JUST AS UNCONVENTIONAL AS MUSK HIMSELF
Summary from the TLDR newsletter
SpaceX is preparing for an initial public offering aimed at mid-June, just before Elon Musk's birthday. Musk wants investors to visit SpaceX's manufacturing facilities and possibly witness rocket launches. He is betting that fund managers and analysts will leave with the desire to put in big orders for the IPO, which is expected to raise between $40 billion and $80 billion. The filing for the IPO is expected to be done in the coming days.