On May 29, SpaceX filed its IPO prospectus for a Nasdaq listing under the ticker SPCX, targeting a valuation of $1.8 trillion. The company aims to raise $75 billion, making this offering the largest in history and increasing competitive pressure on smaller players like Virgin Galactic. However, Danish pension fund AkademikerPension decided not to invest in SpaceX due to concerns over valuation and governance.
