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via BeInCrypto · By BeInCrypto Editorial
What SpaceX Downplays in Its $1.77 Trillion IPO Filing
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BeInCrypto Editorial(03:46 PM UTC)
1 min read
SpaceX is set to price the largest IPO in history next week, at a valuation near $1.77 trillion. Its own filings show a company that was profitable until the xAI merger turned it into a loss-making company.
The roadshow leans on artificial intelligence. The financial statements tell a more complicated story about what investors are actually buying.
The Valuation Rests on a Market that Barely…
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