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SpaceX Eyes Record-Breaking IPO
(MENAFN) SpaceX has reportedly elevated its intended valuation to exceed $2 trillion in anticipation of a forthcoming initial public offering, placing the Elon Musk-led enterprise on track for what might become the most significant stock market debut ever recorded, according to Bloomberg News, which cited individuals acquainted with the situation.
The aerospace, satellite, and artificial intelligence firm, alongside its financial consultants, is reportedly sharing this valuation objective with potential investors prior to a series of meetings expected in the near future. These discussions are part of “testing-the-waters” conversations designed to assess market interest and readiness.
Should this valuation be realized, it would represent a dramatic surge of nearly two-thirds within just a few months. Earlier in February, SpaceX’s acquisition of xAI—also founded by Musk—placed the merged entity’s worth at approximately $1.25 trillion.
With a valuation surpassing $2 trillion, SpaceX would join the ranks of the globe’s most highly valued publicly traded corporations. It would overtake companies such as Meta and Tesla, while remaining behind giants like Nvidia, Apple, Alphabet, Microsoft, and Amazon within the S&P 500.
Previously, Bloomberg News indicated that SpaceX had confidentially submitted IPO documentation, with a possible listing targeted for June and an earlier valuation estimate above $1.75 trillion. This offering could be part of a broader surge in high-profile public listings, potentially including OpenAI and Anthropic, both competitors to xAI’s chatbot, Grok.
The IPO itself could generate up to $75 billion, as reported by Bloomberg News, significantly exceeding the $29 billion raised during Saudi Aramco’s 2019 listing, which currently holds the record as the largest IPO in history.
The aerospace, satellite, and artificial intelligence firm, alongside its financial consultants, is reportedly sharing this valuation objective with potential investors prior to a series of meetings expected in the near future. These discussions are part of “testing-the-waters” conversations designed to assess market interest and readiness.
Should this valuation be realized, it would represent a dramatic surge of nearly two-thirds within just a few months. Earlier in February, SpaceX’s acquisition of xAI—also founded by Musk—placed the merged entity’s worth at approximately $1.25 trillion.
With a valuation surpassing $2 trillion, SpaceX would join the ranks of the globe’s most highly valued publicly traded corporations. It would overtake companies such as Meta and Tesla, while remaining behind giants like Nvidia, Apple, Alphabet, Microsoft, and Amazon within the S&P 500.
Previously, Bloomberg News indicated that SpaceX had confidentially submitted IPO documentation, with a possible listing targeted for June and an earlier valuation estimate above $1.75 trillion. This offering could be part of a broader surge in high-profile public listings, potentially including OpenAI and Anthropic, both competitors to xAI’s chatbot, Grok.
The IPO itself could generate up to $75 billion, as reported by Bloomberg News, significantly exceeding the $29 billion raised during Saudi Aramco’s 2019 listing, which currently holds the record as the largest IPO in history.
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