SpaceX IPO odds reach 52% for June as prospectus filing looms [Yahoo! Finance]
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Source: Yahoo! Finance
Prediction market Polymarket puts the chances of SpaceX completing a stock market debut by the end of June at 52%, climbing to 87% by September and 93% by the close of 2026. It comes as the Elon Musk-led company is said to be preparing to lodge its prospectus with the US regulator, the Securities and Exchange Commission, either imminently or in early April. Bloomberg said SpaceX had briefed prospective investors to expect one-on-one meetings with management in the weeks following Easter, the kind of pre-marketing conversations that customarily precede a formal listing, and reported a fundraising target in the region of $75 billion, which would comfortably eclipse every previous IPO in history. Saudi Aramco, the Saudi state oil company, set the existing benchmark when it raised just over $29 billion on its market debut in 2019. The Wall Street Journal placed the target date for the listing at mid-June, ahead of Musk's 55th birthday on 28 June. The Information and CNBC report
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