- SpaceX is accelerating plans for its largest-ever IPO, aiming to file a registration draft with the SEC by March, targeting $50 billion in fundraising.
- With a potential valuation exceeding $1.75 trillion following the acquisition of AI startup xAI, this IPO could surpass the $29 billion record set by Saudi Aramco in 2019.
- Top banks, including Bank of America and Goldman Sachs, are set to underwrite the IPO, which may feature a dual-class share structure to enhance Elon Musk's control and influence over the company’s direction.