Fortune
SpaceX heads into a record-shattering IPO with the ‘deepest moat that exists today’ as investors vow to ‘never bet against Elon’
SpaceX is targeting a $1.75 trillion valuation in what would be a record-breaking IPO, seeking to raise up to $75 billion from investors. The company's dominance in commercial launch, satellite internet, and defense contracts has convinced bulls that its competitive advantages are unmatched in the aerospace sector. For many institutional investors, Musk's track record of defying skeptics has become reason enough to stay on board.
Read article →