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SpaceX wants to raise $75 billion in the wildest IPO of the year

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Just when you thought Elon Musk couldn't possibly raise any more cash, his rocket company is getting ready to go public—with a massive AI twist.

So, SpaceX is finally preparing for an IPO. But there is a catch: it is not just a rocket company anymore. They recently quietly merged with Elon Musk's AI startup, xAI, which means this is technically an AI stock now.

They are aiming to raise a mind-boggling $75 billion. To put that in perspective, that is not just a normal IPO; it is a "we are building a sci-fi future and you are going to pay for it" level of funding.

The hilarious part is that this is just the beginning. This is apparently the first of three mega AI IPOs slated for this year. Wall Street is about to get absolutely flooded with AI hype, and Musk is leading the charge with a rocket booster strapped to his back.

One can only hope the stock price doesn't experience a rapid unscheduled disassembly on day one.

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9/24
  1. Hollywood Prepper
    so we are literally funding his mars trip now? count me in lol
    +2 emotionalNothing says financial literacy like funding a billionaire's mid-life crisis on another planet
  2. Lawsuit-Happy Bigfoot
    75 billion is insane. the bubble is going to pop so hard
    +6 solidA classic prediction from someone who definitely isn't just bitter they missed the last rally
  3. Deep-Fried Hustler
    Is it a rocket company or an AI company? Or just a giant meme machine?
    +1 jokeWhy not all three? It is the modern way to burn cash while pretending to innovate
  4. Litigious Maverick
    buying this immediately.
    0 uselessYour broker thanks you for the commission, even if your portfolio won't