00:00SpaceX has confidentially submitted IPO paperwork to the SEC, with reports suggesting the company could seek a $1.75 trillion
00:09valuation and a June listing that would raise up to $75 billion, more than triple the size of any U
00:16.S. IPO in history.
00:17The Musk-led rocket company, which merged with his XAI in February, has grown into NASA's largest launch partner and
00:25operates the Starlink Satellite Internet Service, backed by over $24 billion in federal contracts since 2008.
00:33While investor enthusiasm is expected to be enormous, experts caution that market volatility, currently driven by the U.S.-Iran conflict
00:41and surge of oil prices, could complicate the offering's timing.
Comments