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Jai Hamid

SpaceX IPO planned for 2025, targeting $1.5 trillion after $800B share sale

Elon Musk said SpaceX plans to go public in 2025, aiming for a $1.5 trillion valuation following a recent $800 billion private share sale. Wall Street expects the listing to eclipse Saudi Aramco's 2019 record. Major backers Ron Baron and Cathie Wood hold sizable positions, while Jefferies highlights rapid LEO launch growth in 2025.