SpaceX filing kicks off largest IPO process in history - FT中文网
登录×
电子邮件/用户名
密码
记住我
请输入邮箱和密码进行绑定操作:
请输入手机号码,通过短信验证(目前仅支持中国大陆地区的手机号):
请您阅读我们的用户注册协议隐私权保护政策,点击下方按钮即视为您接受。
商业快报

SpaceX filing kicks off largest IPO process in history

Confidential submission to US regulator sets up summer listing
00:00

{"text":[[{"start":12.49,"text":"Elon Musk’s rocket company SpaceX has confidentially filed to go public, firing the starting gun on what is expected to be the biggest initial public offering in history."}],[{"start":24.689999999999998,"text":"The Texas-headquartered company had this week filed paperwork with the Securities and Exchange Commission for the listing, said two people familiar with the matter. "}],[{"start":35.43,"text":"Confidential filings allow companies to advance their listing plans without publicly revealing their financials. SpaceX last month acquired Musk’s lossmaking AI start-up xAI for $250bn."}],[{"start":50.66,"text":"SpaceX was seeking to raise about $75bn and was targeting a valuation of roughly $1.75tn, said people familiar with the matter. In the US, only Nvidia, Apple, Alphabet, Microsoft and Amazon have higher market capitalisations. The rocket company was valued at roughly $90bn as recently as 2022."}],[{"start":77.41,"text":"SpaceX did not immediately respond to a request for comment."}],[{"start":82.84,"text":"The IPO, which would dwarf the $29bn raised by oil major Saudi Aramco in 2019, is expected some time in June, potentially coinciding — at Musk’s behest — with a rare planetary alignment and the billionaire’s 55th birthday."}],[{"start":101.07000000000001,"text":"KeyBanc analysts estimate SpaceX made about $21bn in total revenue in 2025 across its various divisions. At a potential market valuation of $1.75tn, the company’s price-to-sales ratio would be about 67 times. Nvidia’s trailing price-to-sales ratio, by comparison, is roughly 30 times."}],[{"start":125.36000000000001,"text":"This week’s confidential filing comes days after the Nasdaq stock exchange enacted sweeping changes to its index inclusion methodology that would direct billions of dollars in passive investments towards large newly public companies. "}],[{"start":140.69000000000003,"text":"The exchange has removed one of the conditions for companies to join its Nasdaq 100 index which includes some of the biggest US tech stocks. This condition had required at least 10 per cent of a group’s shares to be on offer to the public."}],[{"start":156.39000000000001,"text":"SpaceX plans to float less than 5 per cent of its equity. Exchange traded funds that track the index manage about $520bn. "}],[{"start":166.47000000000003,"text":"Nasdaq also said large companies will be eligible to join the Nasdaq 100 after 15 days of trading, down from the current waiting period of three months. Critics argue that fast-tracking newly public companies on to widely followed indices could distort post-IPO price discovery."}],[{"start":187.16000000000003,"text":"SpaceX was toying with the idea of allowing some existing shareholders to sell down their stakes in the company on its first day of trading, according to people close to the deal. "}],[{"start":198.44000000000003,"text":"This would do away with guidelines that typically prevent insiders cashing out of their positions for 180 days after a company’s market debut."}],[{"start":218.42000000000004,"text":""}]],"url":"https://audio.ftcn.net.cn/album/a_1775180776_3656.mp3"}

版权声明:本文版权归FT中文网所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。

酶研究显示量子计算向药物发现迈进一步

科学家已利用这项技术模拟蛋白质分子的行为

欢迎来到“大蛰伏”时代

为什么没有更多人辞职?

“迷因股之王”大胆收购eBay能否成功?

瑞安•科恩正试图促成一笔560亿美元的交易,将视频游戏零售商“游戏驿站”与在线市场eBay合并。

为什么施罗德家族选择出售

在家族掌门人去世与美国巨头基金崛起之后,英国最大的独立资产管理公司被出售。

公司威胁涨价,消费者将面临更多痛苦

高管警告称,若能源冲击持续,企业将面临更大压力,把成本转嫁给客户。

中国收紧对生产商竞争的监管后,太阳能电池板价格上涨

在一场令头部厂商亏损惨重的价格战之后,价格反弹或将宣告“电池价格不断走低”时代的终结。
设置字号×
最小
较小
默认
较大
最大
分享×