SpaceX lowers IPO valuation target to $1.8 trln, Bloomberg reports

SpaceX has reportedly adjusted its initial public offering (IPO) valuation target to $1.8 trillion, according to a report by Bloomberg. This revision reflects a significant change in the company's financial outlook as it prepares for the public market. The new valuation is expected to influence investor interest and market dynamics as SpaceX moves closer to its IPO. Further details regarding the timeline and specific reasons for the adjustment have not been disclosed.

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