SpaceX sets June 12 IPO, China and Hong Kong investors barred
SpaceX will list on Nasdaq on June 12 under ticker SPCX, planning roughly $75 billion in new shares at about $135 per share and valuing the company near $1.75 to $2.0 trillion. Underwriters were instructed to reject orders from investors in China and Hong Kong because U.S. export controls and ITAR restrict foreign access to certain aerospace and AI-related technologies. Goldman Sachs projects roughly $474 billion in revenue by 2030 driven by AI infrastructure and Starship services, underscoring why this IPO could be one of the largest ever and why national-security limits matter for investor access.
this SpaceX IPO has to be creating an all-time market for Manhattan-based cocaine dealers www.reuters.com/legal/transa...
imagine coming up with that number... like yeah, nobody will ever believe that SpaceX is gonna do $3.5 trillion in revenue by 2040, better make it $3.4 trillion just to be safe
You have to have the IQ of a potato to believe anything in their prospectus
I would love to know how putting something like that projection into print is not some form of securities fraud.
10% of the GDP of USA...nope
I want you to know I LOLed for real well done