SpaceX Lowers IPO Valuation Target to $1.8 Trillion Ahead of Historic Public Offering

SpaceX has reportedly reduced its target valuation for its highly anticipated initial public offering to at least $1.8 trillion, down from an earlier estimate that exceeded $2 trillion, according to a Bloomberg report citing sources familiar with the discussions. Despite the lower target, the Elon Musk-led company is still preparing for what could become the…