SpaceX Targets $1.75T IPO Launch

SpaceX Files Confidentially for IPO, Eyes $1.75 Trillion Valuation

• SpaceX has confidentially filed for an initial public offering (IPO), potentially becoming the largest listing in history.
• The company aims for a valuation exceeding $1.75 trillion, with a possible June listing.
• Major banks involved include Citigroup, Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley as senior underwriters.
• An all-stock deal recently combined SpaceX with xAI, valuing the merged entity at $1.25 trillion.
• SpaceX generated approximately $8 billion in profit from up to $16 billion in revenue last year.

SpaceX’s confidential IPO filing positions it for a potential June listing with a valuation over $1.75 trillion, involving major banks as underwriters and marking significant growth beyond its launch services into satellite internet and AI infrastructure.