Mega IPO Arms Race Heats Up: Markets Snapshot
SpaceX is seeking to raise $75 billion in a record breaking initial public offering, and could clear a path for more mega-listings.
Firms such as Anthropic and OpenAI are expected to target double-digit billion-dollar IPOs of their own as the tech arms race heats up, catching investors’ seemingly unquenchable thirst for AI themes.
The Opening Trade spoke with leading market voice on the optimism helping to boost tech sector momentum.
(Source: Bloomberg)
SpaceX IPO Targets Record Valuation
- Elon Musk to Retain 84% Voting Control After SpaceX IPO Bloomberg —
- Elon Musk’s SpaceX eyes $1.77tn valuation ahead of historic IPO Al Jazeera —
- What to know about the SpaceX IPO The Straits Times —
- SpaceX sets $75 billion IPO target as Musk on track to become first trillionaire Washington Examiner —
- SpaceX hopes to raise $75B when world’s biggest-ever IPO lifts off next week SiliconANGLE —