BREAKINGVIEWS-SpaceX’s launch may set the IPO market’s altitude

SpaceX

SpaceX

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

By Karen Kwok

NEW YORK, June 10 (Reuters Breakingviews) - A buoyant debut for Elon Musk’s $1.75 trln rockets-to-chatbots concern would be a strong signal for OpenAI and Anthropic’s planned listings. For everyone else, it’s less clear: the trio’s combined issuance could near 2021’s market-wide peak, leaving little room for others.

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CONTEXT NEWS

SpaceX is expected to begin its public trading debut on June 12, Reuters reported. The company is aiming to raise $75 billion in an initial public offering valuing it at $1.75 trillion.


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