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Tasia

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#SpaceX 🚀 chief financial officer Bret Johnsen confirmed to the company’s staff that it was preparing for an IPO next year, the Wall Street Journal reported.  The Journal report said Johnsen sent a memo to staff telling them: “The thinking is that if we execute brilliantly and the markets cooperate, a public offering could raise a significant amount of capital.” He also confirmed SpaceX’s new valuation of $800 billion, the Journal report said. His note also said the timing of the IPO was still highly uncertain. SpaceX had long been considered unlikely to go public, although there was speculation it could spin off its Starlink internet-access business as a public entity. But Musk’s interest in launching data centers in space is reportedly making an IPO of SpaceX more appealing, as it could help the company raise a lot of money wsj.com/business/spacex-t..
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SpaceX Tells Staff It Is Preparing for a Potential IPO Next Year

The new stock price disclosed by the finance chief at Elon Musk’s space company suggests an $800 billion valuation.

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