SpaceX is moving ahead with plans for one of the most anticipated initial public offerings in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-size data center in Tennessee, according to three people familiar with the matter.
Billionaire Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise $75 billion, in what would be the world's biggest-ever IPO, with executives targeting a late June trading debut.
The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the people said.