On April 7th, Beijing time, Bloomberg broke the news that SpaceX is set to convene with investment banking advisors to carry out stress tests on its lofty target valuation of $2 trillion. This marks a pivotal move in pushing forward what could be the biggest initial public offering (IPO) in history. SpaceX has laid out a timeline, aiming to make its prospectus publicly available in late May, kick off roadshows, and host an event for retail investors in June, with the anticipation of raising up to a staggering $75 billion.
