SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026
Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant's outlook far surpassed Wall Street estimates. (Source: Bloomberg)
- What to Know About the SpaceX IPO Bloomberg —
- SpaceX Said to Lower Target for IPO Valuation to $1.8 Trillion Bloomberg —
- SpaceX and the ‘enshittification’ of markets Financial Times —
- As the SpaceX Hype Machine Steamrolls Ahead, Wall Street Jumps Aboard The New York Times —
- SpaceX is trimming its IPO valuation target to $1.8 trillion ahead of its roadshow Quartz —