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SpaceX Cuts IPO Valuation Target to $1.8 Trillion After Investor Feedback (opens in new tab)

SpaceX lowered its initial public offering valuation target to at least $1.8 trillion on Thursday, down from the $2 trillion-plus figure Bloomberg reported in April, after consultations with advisers and investors prompted the company to revise its ambitions. Bloomberg reported, citing people familiar with the matter who asked not to be identified, that SpaceX plans […]

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