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Some Elon Musk fans have long envisioned “Musk Inc.” — a tech monolith that brings the companies controlled by the world’s richest man under one giant umbrella. That reality might be more than a fantasy, as SpaceX is reportedly targeting a mid-June IPO, with considerations of a potential merger with Tesla or xAI.
Consistent with Musk’s history of making light of major business moves, the rocket company is planning to go public when Jupiter and Venus appear very close together, which would likely be around June 9, according to astronomer Dominic Ford.
Any tie-up between SpaceX and Musk’s other companies would make it easier to pursue some of his most ambitious visions, like putting data centers into space. It would also be unbelievably complicated, particularly for Tesla, which is already public. But, even if the rocket company ends up going public on its own, it will be a serious force of gravity in the public markets, as it aims to raise as much as $50 billion at a targeted valuation of around $1.5 trillion.
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