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Reuters: SpaceX will hold an analyst meeting this week to actively engage Wall Street in preparation for the IPO
Golden Finance reports that, according to Reuters, insiders say SpaceX is steadily advancing its initial public offering plan. This week, the company will hold a three-day closed-door analyst exchange at its launch facilities in Texas and at an ultra-large data center in Tennessee, featuring roadshow presentations aimed at top aerospace and technology analysts on Wall Street. SpaceX plans to raise $75 billion; if it successfully goes public, it would become the largest IPO in global history. Company executives are targeting an official listing and commencement of trading by the end of June.
Insiders said the briefing will begin on Tuesday. After the full-day meetings end, analysts will conduct on-site visits to the Starbase launch site in Boca Chica, Texas—where the rocket and satellite manufacturer is based. On Wednesday, another group of analysts representing institutional investors such as large mutual funds and pension funds will attend a special closed-door briefing at Starbase. On Thursday, the analysts have been invited to travel to the Goliath Data Center in Memphis, Tennessee, to visit and assess the company’s Macrohard project.