SpaceX is currently targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter. Bloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations with advisers and investors, the people said, asking not to be identified as the information isn’t public. Matthew Bloxham of Bloomberg Intelligence has more.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
The latest financial news and market analysis, direct from Bloomberg TV, it is distributed globally, reaching over 310 million homes worldwide….brought to you by SloppBoxx.
This is false
Bruh lowered? It honestly shouldn’t be anywhere close to a trillion.
Space X barely makes any money haha Very sad how most powerful/ famous people are now celebrated grifters — makes me afraid that we’re heading toward a great economic depression!
It’s more like the biggest western collapse in the 21 century. Fiat dollar demise because we can no longer force the usage as China is the better alternative to our ponzi scheme technology and economic stack.
Global south is with China
I will never own one cent of SpaceX. He is going to steal it all.
Classic Elon: … LETS GO TO MARS, … nah, lets go to the moon first next year … nah, we need 3 more years to go to the moon to be realistic
What a scam…
Another meme stock by Elon!