"SpaceX," owned by American billionaire Elon Musk, is preparing to study the initial public offering of its shares at an exceptional time, coinciding with a rare astronomical event and the birthday month of its founder, a move that could be recorded as the largest offering in global market history.
According to the "Financial Times," citing informed sources, the company is considering mid-June as a possible date for the IPO, coinciding with a rare conjunction between the planets Jupiter and Venus in the sky on June 8 and 9, a phenomenon that has not occurred for more than three years. This choice reflects Musk's passion for symbolism and unconventional messaging.
The sources indicated that this timing is also close to June 28, which is the birthday of Elon Musk, adding a personal dimension to one of the most anticipated financial events globally, although the offering date is still subject to change depending on market conditions.
SpaceX is aiming to raise up to 50 billion dollars, at a valuation that could reach about 1.5 trillion dollars, which could make the IPO the biggest in history.
SpaceX is a dominant player in the space rocket launch market thanks to its technology based on reusable rockets, and also owns the giant satellite network Starlink, which has enhanced its market value and global influence.
According to the report, the company is conducting preliminary discussions with several major Wall Street banks, including Bank of America, Goldman Sachs, J.P. Morgan, and Morgan Stanley, to lead the anticipated offering process.
Experts believe that choosing a timing that combines a rare astronomical event with a personal occasion for the company’s founder reflects Musk's unique style of business management, where he blends symbolism and magnitude in one of the most awaited deals in the world of finance and technology.
