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SpaceX's Bold IPO: Aiming for the Stars
Description
SpaceX, led by Elon Musk, is planning a historic IPO, potentially raising $75 billion to fund ambitious projects like moon and Mars missions. Despite annual losses, Starlinks satellite internet service is a cash cow. However, recent acquisitions like X and xAI are reportedly money losers, and reliance on government contracts raises questions about favoritism. The roadshow begins June 4th, set to reshape space exploration and corporate finance.
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