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The Nexus
BUSINESSJun 25 · 09:42 UTCTHE RIO TIMESRichard Mann

SpaceX’s Record IPO Puts Brazil’s Space Industry on Investors’ Radar

SpaceX's record $75bn IPO, valuing the company at $1.8 trillion, has drawn attention to Brazil's space industry, which has a public budget of R$170m ($33m) in 2024 and private demand for space services exceeding R$800m ($154m) annually.

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