Advertisementspot_imgspot_img
28.1 C
Delhi
Saturday, March 14, 2026
Advertismentspot_imgspot_img

Elon Musk’s SpaceX looking for Guru-Shukra Yuti for IPO, as the world’s richest man reportedly seeks an auspicious date

Date:

Elon Musk's SpaceX looking for Guru-Shukra Yuti for IPO, as the world’s richest man reportedly seeks an auspicious date

Elon Musk is reportedly planning to take his space company, SpaceX, public during a rare celestial alignment, purportedly seeking an ‘auspicious’ start for what is rumoured to be the largest Initial Public Offering (IPO) in financial history. Citing five people familiar with the matter, the Financial Times reported that the billionaire is targeting mid-June 2026 for the listing, specifically eyeing a conjunction of Jupiter and Venus, which is known in Vedic astrology as a Guru-Shukra Yuti.The proposed IPO reportedly seeks to raise as much as $50 billion at a staggering valuation of $1.5 trillion. In comparison, if successful, it will dwarf the $29 billion record set by Saudi Aramco in 2019.

SpaceX IPO: Personal and ‘Celestial’ timeline

The timing of the blockbuster deal appears to be driven by a mix of astronomical events and personal significance. The mid-June target is close to Musk’s 55th birth anniversary (June 28). Moreover, on June 8 and 9, Jupiter and Venus will appear within a degree of each other in the sky – appearing to ‘kiss’ each other. In astronomy – a field of science that deals with celestial objects, planets and stars – it is called ‘a conjunction’ and create a spectacle in the skyWhen it comes to Astrological significance, Jupiter (Guru representing expansion, wisdom, abundance) and Venus (Shukra representing love, beauty, money) bring optimism, joy and new opportunities with prosperity and major beginnings in various cultural traditions.

SpaceX eyes Starship and AI data centers

Beyond the symbolism, the IPO is fueled by fresh funds which are needed to accelerate the development of the Starship rocket system, which Musk views as the primary vehicle for his goal of reaching Mars. Furthermore, SpaceX has informed investors of a plan to deploy data centres in space – something that Google has already announced in Sunchaser project.Reportes claim that SpaceX CFO Bret Johnsen has been in talks with private investors since mid-December 2025.



Source link

Share post:

Advertisementspot_imgspot_img

Popular

More like this
Related

Silver tumbles 4%, gold declines 1.2% on strong dollar

NEW DELHI: Precious metal prices declined up...

‘Rascal’: Ex-Australia wicketkeeper’s bold remark on Abhishek Sharma | Cricket News

Abhishek Sharma (ICC Photo) NEW DELHI: India's...
Advertisementspot_imgspot_img