SpaceX is targeting a valuation above $2 trillion in a potential IPO, according to
to people familiar with the matter, which would make it one of the largest
companies globally. The offering, possibly as soon as June, could raise up to
$75 billion—surpassing Saudi Aramco’s record debut. Backed by Elon Musk, the
The company’s valuation has surged following its tie-up with xAI. Proceeds would
support investments in space-based data centers and lunar manufacturing, as
SpaceX leads in launch and satellite broadband markets.
