tokenized SpaceX shares
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Musk Confirms SpaceX IPO Is Coming, Says He Won’t Do DOGE Again
Yahoo Finance· 2025-12-11 00:06
Core Insights - Elon Musk has effectively confirmed that SpaceX will soon go public, marking a significant shift back to business after a politically turbulent period [1][2] - Musk endorsed a journalist's analysis regarding SpaceX's IPO, indicating a strong likelihood of the company's public offering [2][3] Company Valuation and IPO Details - SpaceX is targeting a valuation of approximately $1.5 trillion and aims to raise significantly more than $30 billion, which would surpass Saudi Aramco's $29 billion IPO in 2019 as the largest in history [4] - The company is pursuing a listing as soon as mid-to-late 2026, although this timeline may extend into 2027 depending on market conditions [4] Revenue Projections and Business Growth - SpaceX expects to generate about $15 billion in revenue in 2025, increasing to $22-24 billion in 2026, primarily driven by its satellite internet service, Starlink [5] - Proceeds from the IPO are intended to fund the development of space-based data centers and the purchase of AI chips [5] Market Access and Tokenization - Private company shares are typically restricted to accredited investors, creating demand for alternative access routes, including tokenization [6] - Robinhood has offered tokenized SpaceX shares to European users, allocating $500,000 worth of SpaceX tokens as part of a promotional giveaway [7]