Stratolaunch Prepares IPO to Raise 500 Million
Hypersonic flight company Stratolaunch is preparing an initial public offering in the United States aiming to raise up to 500 million dollars. Backed by private equity, the firm seeks a valuation between 2 billion and 3 billion dollars.
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Hypersonic flight developer Stratolaunch is preparing a U.S. IPO to raise up to $500M as soon as October. The private firm is targeting a valuation of $2B to $3B in the upcoming offering. The public filing could arrive as soon as this month, a person familiar with the matter said on Wednesday morning.
