SpaceX Files for IPO That Could Value It at $1.75 Trillion

Elon Musk’s SpaceX has confidentially filed for a U.S. initial public offering that could value the company at over $1.75 trillion.

The move signals a major shift as space exploration enters the mainstream investment landscape. The firm’s growth is anchored by reusable rockets and its Starlink satellite internet network.

SpaceX recently merged with Musk’s AI startup xAI in a deal valuing the rocket company at $1 trillion. This follows Musk's integration of social media platform X into xAI through a share swap.

"Investors are eager for exposure to SpaceX," said Angelo Bochanis of Renaissance Capital. "Its valuation will hinge heavily on belief in Musk’s vision."

The Texas-based company may seek to raise more than $50 billion, dwarfing Saudi Aramco’s 2019 IPO. Market watchers expect strong demand from retail and institutional buyers alike.

Analysts note concerns around Musk’s oversight of multiple trillion-dollar ventures but highlight SpaceX’s operational maturity and profitability.

Last year, the company reportedly earned $8 billion in profit on $15-$16 billion in revenue.

With NASA increasingly reliant on private firms and defense spending rising, space has become a strategic frontier. SpaceX aims to launch up to 1 million solar-powered orbital data centers, expanding AI infrastructure beyond Earth.