SpaceX IPO Coming! Surge Over 100% YTD: What Space Stocks to Look?
@Tiger_comments:
$Destiny Tech100 Inc(DXYZ)$ jumped 10%, and $EchoStar(SATS)$ gained over 6% after reports that SpaceX is advancing plans for a 2026 IPO with a fundraising target far exceeding $30 billion — potentially the largest IPO in history. The company is aiming for a valuation of around $1.5 trillion.If SpaceX’s IPO application is approved, its valuation would surpass the level Saudi Aramco reached when it went public in 2019. The fundraising amount would exceed Saudi Aramco’s previous record of 29 billion dollars, potentially making it the largest IPO in history. It would also overtake Tesla’s 1.46 trillion-dollar market value, becoming the most valuable company under Elon Musk and lifting Musk’s personal wealth t