BlockBeats News, April 21st. According to three sources familiar with the matter, SpaceX is steadily advancing its highly anticipated initial public offering plan. This week, a three-day closed-door analyst event will be held at the launch site in Texas and the mega data center in Tennessee. The space exploration company, owned by Musk, is engaging with top Wall Street analysts in the aerospace and technology sectors, aiming to raise $75 billion. If successful, this will be the largest IPO in global history, with the company executives aiming for an official listing by the end of June.
The sources said that the presentation kicked off on Tuesday, and after a full day of meetings, analysts will have on-site visits to the rocket and satellite manufacturer's Starbase launch site in Boca Chica, Texas. They added that on Wednesday, another group of analysts representing large mutual funds, pension funds, and other institutional investors will participate in a dedicated closed-door session at Starbase. On Thursday, analysts are invited to visit the giant data center in Memphis, Tennessee, to learn about the company's "Macrohard" project.
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