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Ground control to Elon Musk: SpaceX’s $2.2 trillion IPO plan is pure AI hype

Ground control to Elon Musk: SpaceX’s .2 trillion IPO plan is pure AI hype

By James Thomson
Publication Date: 2025-12-10 03:09:00

Activate the hyperdrive! Once again, things are moving incredibly fast in Elon Musk’s world.

On Wednesday evening, Morgan Stanley tech analyst Adam Jonas published a note responding to a Wall Street Journal article that said Musk’s SpaceX was considering an $800 billion ($1.2 trillion) capital raise, twice what the privately held rocket and satellite communications company was worth just five months ago.

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