SpaceX’s record-setting IPO is here

SpaceX’s record-setting IPO is here

A SpaceX Super Heavy booster carrying the Starship spacecraft lifts off on its 11th test flight at the company’s launch pad in Starbase, Texas, last year. Steve Nesius/Reuters SpaceX took the wraps off its IPO filing on Wednesday, laying bare for investors just how much Elon Musk is losing on AI while betting the company’s…

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Wall Street strains to justify SpaceX’s .75-trillion price tag

Wall Street strains to justify SpaceX’s $1.75-trillion price tag

The entrance to the SpaceX rocket launch area in Brownsville, Texas. Veronica Gabriela Cardenas/Reuters Wall Street is reaching for some unusual yardsticks to price Elon Musk’s SpaceX. At least one of SpaceX’s large institutional investors is privately benchmarking the rocket and satellite company not against aerospace rivals like Boeing or telecommunications giants like AT&T, but…

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