Bret Johnsen
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Here’s how SpaceX is pitching its IPO to everyday investors
SpaceX has the ability to “achieve what others think is really the impossible,” CFO Bret Johnsen declared in a video message to shareholders.
SpaceX IPO: Musk's firm sees huge oversubscription as institutional orders top $10 billion
SpaceX's blockbuster initial public offering has attracted more than $10 billion in orders from institutional investors, signalling strong demand for what could become the largest IPO in history, according to Bloomberg sources. Banks managing the offering are expected to stop accepting orders from institutional investors after US markets close on Wednesday, giving them time to assess demand and finalise allocations ahead of the listing. The Elon Musk-led rocket, satellite and artificial...
$1.77 trillion! SpaceX is about to become the 7th-most valuable American company
SpaceX is about to become the 7th-most valuable American company SpaceX's initial public offering (IPO) will launch the company into rarefied financial air. The company revealed this week that it plans to sell shares at $135 apiece during the IPO, which will occur June 12 when SpaceX begins trading on the Nasdaq under the ticker symbol SPCX. That share price would give the company a valuation of $1.77 trillion, according to CNBC.
SpaceX aims to launch orbital AI computing tests by end of next year, sources say
SpaceX aims to launch orbital AI computing tests by end of next year, sources say NEW YORK, June 9 : SpaceX executives say the company is aiming to launch initial demonstrations of space-based artificial intelligence computing infrastructure by late 2027, ahead of the "as early as 2028" timeline for deployment disclosed in its IPO filing, according to two people who attended investor presentations held ahead of the offering. The orbital-compute effort is central to SpaceX's long-term growth...
SpaceX aims to launch orbital AI computing tests by end of next year, sources say
SpaceX aims to launch orbital AI computing tests by end of next year, sources say The orbital-compute effort is central to SpaceX's long-term growth pitch to investors, and the company claims in its IPO documents that it is "the only company with a commercially viable path to building orbital AI compute at scale". SpaceX executives say the company is aiming to launch initial demonstrations of space-based artificial intelligence computing infrastructure by late 2027, ahead of the "as early as...