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SpaceX Launches Wall Street Bake-Off to Select Banks for Potential IPO

SpaceX, the trailblazing rocket and satellite company led by Elon Musk, is taking a critical step toward a potential initial public offering (IPO). This week, the company is conducting what Wall Street insiders are calling a “bake-off,” where it will interview a shortlist of investment banks to advise on its IPO strategy. The move highlights the growing interest in taking the private aerospace giant public and underscores the complexities of valuing a company at the forefront of space exploration.

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