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  • 14 hours ago
SpaceX has unveiled its intentions for a landmark entry into the stock market that may place the company's valuation around $1.75 trillion. The enterprise, led by Elon Musk, is aiming for an unprecedented $75 billion initial public offering as it prepares for its anticipated Nasdaq debut on June 12. Last year, SpaceX generated $18.6 billion in revenue but also recorded a net loss of $4.9 billion. The organization now encompasses rocket technology, Starlink satellite broadband, artificial intelligence, and data infrastructure initiatives. Experts believe this IPO could transform the global tech and investment landscape while gauging investor trust in upcoming AI-driven advancements.

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00:00Elon Musk might be about to change history again.
00:03SpaceX says its stock could launch at 135s per share,
00:07giving the company a mind-blowing value of $175 trillion.
00:10If that happens, this could become the biggest stock market debut ever.
00:14And yes, it could make Elon Musk the world's first trillionaire.
00:19But here's the crazy part.
00:21SpaceX is not even profitable right now.
00:24Last year, the company made nearly $19 billion in revenue,
00:28but still lost almost $5 billion.
00:31So why are investors still excited?
00:34Because SpaceX is no longer just a rocket company.
00:37It owns Starlink, controls AI company XAI,
00:41and Elon Musk now wants to build data centers in space.
00:45Some experts say this is the future of artificial intelligence.
00:48Others say it's one of the riskiest bets Wall Street has ever seen.
00:52The company plans to start trading on June 12th,
00:55and investors are expected to pour billions into it.
00:58If the launch succeeds,
01:00SpaceX could instantly become
01:02one of the most powerful companies on Earth.
01:04And Elon Musk's empire may only be getting started.
01:07allowing our companies to sell Internet...
01:07janty ch ΠΏΠ»ΠΎΡ…
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