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SpaceX has filed a confidential draft registration with the SEC for a potential IPO aiming for a $1.75 trillion valuation and raising up to $75 billion. This would be the largest IPO in financial history. The valuation is driven by Starlink’s 9.2 million subscribers and $16 billion in 2025 revenue. If successful, Elon Musk, who owns 44% of SpaceX, could become the first trillionaire in history.
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