Founders Fund, Andreessen eye record SpaceX IPO returns

Venture capital firms Founders Fund and Andreessen Horowitz are anticipating substantial financial gains from the upcoming SpaceX initial public offering. The IPO is projected to value the aerospace giant at an astronomical $1.8 trillion, potentially generating tens of billions of dollars in returns for a select group of early investors. This event is poised to become one of the most lucrative exits in the history of venture capital, showcasing the immense growth and potential of private space exploration companies. The significant valuation reflects strong market confidence in SpaceX's future prospects and technological advancements.