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Why Is an Advocacy Group Warning the SEC About SpaceX Financials
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Subscribe08 MAY 2026 / BUSINESS
Investor groups and regulators are scrutinizing the potential $1.75-2 trillion valuation of SpaceX as the company prepares for a possible IPO. SOC Investment Group has called on the SEC to review the company’s accounting practices, auditor independence, and transactions with firms controlled by Elon Musk, such as Tesla and xAI, before public investors and pension funds gain exposure, as well as warnings of potential losses if the valuation decreases post-IPO.
A few years ago, Wall Street bankers joked that Elon Musk could probably raise billions with a Mars slide deck and pure hype. Now, as SpaceX prepares for what could become the biggest IPO in U.S. history, investor groups and regulators are asking a much t...
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