Elon Musk’s SpaceX has told investors and financial institution representatives that it is aiming for an initial public offering in the second half of next year, according to two people familiar with the discussions, The Information’s Katie Roof reports. The talks come as SpaceX considers holding a sale of shares held by investors and employees that would value the company at $800B, double its valuation in a sale this summer, in what would make it the most valuable private company (PRIVATE). Publicly traded companies in the space include Boeing (BA), Rocket Lab USA (RKLB), AST SpaceMobile (ASTS), Virgin Galactic (SPCE), Lockheed Martin (LMT), Northrop Grumman (NOC), and L3Harris Technologies (LHX).
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