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"At first glance, it appeared that the huge take from the IPO would comfortably fund those requirements for at least a couple of years. Not so as it turns out. As David Trainer of research firm New Constructs notes, the S-1 reveals that $62.8 billion or 78% of the forecasted $80 billion is already spoken for by insiders and vendors. Specifically, SpaceX pledges to pay that more than three quarters of the proceeds to third-parties, Valor Equity Partners (a large …
— ORIGINAL POST ·
SpaceX’s $80 billion IPO has a catch: 78% of the money is already spoken for
· r/stocks
· May 30, 2026