史上最大的IPO要来了?
Di Yi Cai Jing Zi Xun·2025-12-10 04:33

Group 1 - SpaceX is advancing its IPO plan aiming to raise over $30 billion with a target valuation of approximately $1.5 trillion, which is close to the valuation achieved by Saudi Aramco during its IPO in 2019 [2] - If successful, the fundraising will exceed Saudi Aramco's $29 billion, potentially making it the largest IPO in history [2] - The management and advisors of SpaceX are striving to complete the IPO between mid-2026 and late 2026, although the timeline may be adjusted due to market conditions [2] Group 2 - SpaceX expects revenues of about $15 billion in 2025, increasing to between $22 billion and $24 billion in 2026, primarily driven by its Starlink business [2] - Elon Musk stated that SpaceX has maintained positive cash flow for years and conducts regular stock buybacks to provide liquidity to employees and investors [2] - There are conflicting reports regarding the fundraising amount and valuation, with some sources indicating a potential IPO in the next year seeking over $25 billion and a valuation exceeding $1 trillion [3] Group 3 - SpaceX's valuation has seen rapid growth, doubling from $180 billion at the end of 2023 to approximately $400 billion in July 2023, based on internal share sales [3] - Compared to Tesla, SpaceX's valuation premium is significant, with Tesla's market cap nearing $1.5 trillion and last year's revenue around $98 billion, while SpaceX's target valuation is similar but with expected revenue only 15% of Tesla's [3]

史上最大的IPO要来了? - Reportify