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SpaceX Targets More Than $2 Trillion Valuation in IPO - bloomberg.com
Overview
SpaceX boosted its target IPO valuation above $2 trillion, fueling debate over pricing, governance and intercompany ties. The stock’s 16.4% tumble after the IPO suggests investor skepticism about that lofty valuation and the company’s plan to raise tens of billions of dollars. The roughly $89 billion of demand for its debut high‑grade bond sale indicates strong debt‑market interest but also raises fresh questions that could affect pricing and deal sizing.
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