SpaceX Lowers IPO Valuation Target by $200 Billion
Elon Musk's SpaceX has reduced its initial public offering (IPO) valuation target from up to $2 trillion to at least $1.8 trillion, a drop of $200 billion. The adjustment comes after the company filed its registration statement with regulators and as it prepares for an anticipated June 12 IPO debut.
Tickers: $TSLA
Topics: Elon Musk IPO SpaceX valuation change