Data centers in space, moon hotels, human life on Mars. Those were just some of the ambitious opportunities Elon Musk laid out to JPMorgan Chase (JPM) CEO Jamie Dimon when asked why his rocket company SpaceX (SPAX.PVT) needed to go public now.
The remarks came Thursday evening during a SpaceX pitch JPMorgan hosted at its Manhattan headquarters. It's part of a broader push by Wall Street to drum up demand for what's anticipated to be the world's largest IPO. The interview was streamed on Musk owned social media platform X.
SpaceX is expected to raise $75 billion at a valuation of $1.75 trillion and list on Friday, June 12.
"The TLDR … we're embarking on a massive new growth phase, and we need capital for that," Musk told Dimon.
https://finance.yahoo.com/markets/article/elon-musk-reveals-spacexs-goals-to-jamie-dimon-from-vacationing-on-the-moon-to-living-on-mars-194913923.html
4 Comments
…Sure… I definitely believe all of that….
Its a grift just like everything is with Elon
Dude has all kinds of uniform designs in mind for his private army he plans to buy with the IPO
Just like the other 20 promises he made that he never followed through with