00:00It's Benzinga bringing Wall Street to Main Street.
00:02SpaceX is considering raising about $75 billion in an initial public offering,
00:07with discussions including more than $70 billion from potential investors,
00:12according to Bloomberg. The target exceeds a previously reported $50 billion and would
00:17more than double the largest ever IPO, Saudi Aramco's $29 billion IPO in 2019.
00:23The company is aiming for a June market debut, though timing could change.
00:27It may file confidentially as soon as this month.
00:30Preparations are ongoing and plans could shift.
00:33SpaceX could seek a valuation above $1.75 trillion.
00:37It acquired XAI in a deal valuing the combined entity at $1.25 trillion.
00:43At $1.75 trillion, SpaceX would rank among the largest companies in the S&P 500.
00:50For all things money, visit Benzinga.com.
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