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Musk’s IPO Surge Casts Shadow Over Boeing’s Comeback Bid

New York, June 2, 2026, 16:02 EDT SpaceX is targeting a $1.75 trillion valuation as it prepares for what could become the biggest IPO on record—fueling speculation on Wall Street that Elon Musk might eventually merge the rocket maker with Tesla to form a space-and-AI powerhouse. The company is aiming to pull in at least $75 billion through an all-primary offering, so all proceeds would go directly to SpaceX. A greenshoe option, which allows underwriters to sell additional shares if demand surges, is also reportedly under discussion, according to Reuters. (Reuters) Boeing’s comeback hangs in the balance, and the numbers

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