SpaceX reportedly trims IPO target to $1.8T amid investor talks
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SpaceX reportedly reduced its IPO valuation target from $2 trillion to $1.8 trillion following investor feedback, despite Elon Musk denying the claim. The company aims to raise up to $75 billion, potentially setting a record for the largest IPO. However, S-1 filings reveal slowing revenue growth, widening losses, and reliance on short-term contracts like an Anthropic data center lease.
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