
A blockbuster SpaceX float could reopen the IPO window for other giants -- or show that only celebrity-level deals can draw enough investor demand.
Reuters says SpaceX has confidentially filed for an initial public offering (IPO) that could raise more than $50 billion and value the company around $1.75 trillion.
What does this mean?
The IPO market has been sluggish, with newly listed stocks lagging the broader US market over the past year. That makes SpaceX a stress test: can investors absorb a mega-cap newcomer without starving other deals of cash and attention? Reuters has previously reported SpaceX generated about $15-$16 billion in revenue and roughly $8 billion in profit last year, which supporters say could justify outsized demand. But some strategists warn success might be unique to this brand-nam..