On the Eve of IPO, SpaceX Invites Top Wall Street Fund Managers for "On-Site Visits"
Wallstreetcn·
- SpaceX is gearing up for its anticipated IPO by organizing exclusive site visits for institutional investors to its Texas and Memphis facilities on the week of April 20.
- Amidst these preparations, the company is restructuring its financials, as the CFO of its money-losing xAI unit has left and an $80 million wastewater project has been indefinitely shelved.
- Investor concerns over a reported $2 trillion valuation could influence IPO pricing, with Musk denying the suggested figure, while the company aims for a June 2026 launch.