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SpaceX plans to hold a three-day closed-door meeting with analysts to attract Wall Street's attention
Deep Tide TechFlow News, April 21, according to three informed sources, SpaceX is advancing its most anticipated initial public offering (IPO) plan in history. This week, the company invited analysts to its launch site in Texas and a large data center in Tennessee for a three-day closed-door meeting. The Musk-led company is holding briefings for top Wall Street aerospace and technology analysts, aiming to raise $75 billion. If successful, this will be the largest IPO ever, with company executives targeting an official listing in late June.
Sources say the briefing will kick off on Tuesday at the Starbase launch site in Boca Chica, Texas, with a full-day meeting and analyst tours scheduled. Another group of analysts representing institutional investors—including large mutual funds and pension plans—will attend a separate briefing at Starbase on Wednesday. They added that on Thursday, these analysts are invited to visit the Colossus data center in Memphis, Tennessee, to inspect the company’s “Macrohard” project. One source indicated that attendees are expected to surrender electronic devices to participate in the meeting. (Jin10)