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The Zhitong Finance App learned that on Wednesday, a few space concept stocks continued to rise. Momentus (MNTS.US) rose more than 15%, SpaceX fund Destiny Tech100 (DXYZ.US) rose more than 10%, and Echo Star Communications (SATS.US) rose more than 4%. According to the news, people familiar with the matter revealed that SpaceX, a space exploration company owned by Musk, is advancing an initial public offering (IPO) program with the aim of raising far more than 30 billion US dollars. If successful, it will be the largest listing transaction in history. The company is seeking to achieve an overall valuation of around $1.5 trillion in the IPO, and plans to go public as early as mid-2026 to the end of 2026.

Zhitongcaijing·12/10/2025 15:33:05
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The Zhitong Finance App learned that on Wednesday, a few space concept stocks continued to rise. Momentus (MNTS.US) rose more than 15%, SpaceX fund Destiny Tech100 (DXYZ.US) rose more than 10%, and Echo Star Communications (SATS.US) rose more than 4%. According to the news, people familiar with the matter revealed that SpaceX, a space exploration company owned by Musk, is advancing an initial public offering (IPO) program with the aim of raising far more than 30 billion US dollars. If successful, it will be the largest listing transaction in history. The company is seeking to achieve an overall valuation of around $1.5 trillion in the IPO, and plans to go public as early as mid-2026 to the end of 2026.