SpaceX will host a three-day analyst meeting this week in an effort to gain favor from Wall Street capitalists.
According to three knowledgeable sources, SpaceX is steadily advancing towards the highly anticipated first-ever public offering plan. The company will invite analysts this week to a three-day closed-door meeting at its launch site in Texas and a super-sized data center in Tennessee. The Elon Musk-owned company is conducting special presentations for top analysts in the aviation, aerospace, and technology fields on Wall Street. The IPO plan aims to raise $75 billion and is expected to become the largest listing transaction globally, with company executives aiming to officially list and trade at the end of June. Sources said the presentation activities will kick off on Tuesday, with a full day of meetings and facility tours at the interstellar launch site in Boca Chica, Texas. They added that on Wednesday, another group of analysts representing large mutual funds, pension funds, and other institutional investors will participate in a separate briefing at the interstellar base. It was revealed that on Thursday, analysts will be invited to visit the giant data center in Memphis, Tennessee, to inspect the company's "Macrohard" project. One source mentioned that attendees will have to surrender all electronic devices before entering. The related information has not been publicly disclosed, and all sources have requested anonymity for interviews. SpaceX has not responded to requests for comments.
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