economy
SpaceX is reportedly aiming to raise $75 billion in its IPO.
CNBC reports details from a new filing ahead of SpaceX’s IPO on June 12th and notes a mention that xAI, which merged with SpaceX earlier this year, bought $269 million worth of Tesla megapack batteries in April.

TL;DR
- SpaceX is reportedly aiming to raise $75 billion in its upcoming IPO.
- A new filing indicates a potential IPO date of June 12th.
- At $135 per share, SpaceX could be valued at $1.77 trillion, surpassing Tesla.
- xAI, merged with SpaceX this year, bought $269 million of Tesla megapack batteries in April.