SpaceX to Pursue 2026 IPO Raising Above $30B, Investors Await Fed | The Opening Trade 12/10
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Live on Bloomberg TVSpaceX to Pursue 2026 IPO Raising Above $30B, Investors Await Fed | The Opening Trade 12/10 The Opening TradeDecember 10th, 2025, 12:24 PM GMT+0000Stocks were broadly mixed and largely muted as investors awaited the Federal Reserve's December rate decision. Meanwhile, JPMorgan stocks fell as much as 5% in New York, after the global banking giant unveiled higher-than-expected costs for next year. Bloomberg had learned that SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion.
The Elon Musk-led company is targeting a valuation of about $1.5 trillion for the entire company, which would leave SpaceX near the market value that Saudi Aramco established during its record 2019 listing.
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