SpaceX IPO target valuation exceeds $2 trillion, plans to raise up to $75 billion
SpaceX has raised its IPO target valuation to over $2 trillion, as the company prepares to pitch this potentially largest IPO in history to potential investors. SpaceX's valuation has increased by nearly two-thirds in just a few months. In February of this year, after acquiring xAI, a company owned by Elon Musk, the combined company's valuation was $1.25 trillion.
If it goes public with a valuation exceeding $2 trillion, SpaceX's market value will surpass all companies in the S&P 500 index except for Nvidia, Apple, Alphabet, Microsoft, and Amazon, and it will also exceed Meta and Tesla. SpaceX has secretly submitted its IPO application, with the earliest listing possibly occurring in June, aiming to raise up to $75 billion, far exceeding the previous largest IPO record of $29 billion set by Saudi Aramco in 2019. The funds raised will be used for space AI data centers and lunar factory projects.
SpaceX has selected Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley as the lead underwriters for the IPO and plans to hold a bank syndicate conference call next Monday, with an analyst briefing scheduled for later in April. Bloomberg Intelligence analysts noted that SpaceX's revenue is expected to approach $20 billion in 2026, with the launch business and Starlink contributing the majority of the revenue.
You may also like
Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week
How Much Is Blueface Worth? Latest Net Worth Revealed (2026)
Key Takeaways: Blueface’s net worth in 2026 ranges from $4 million to $7 million, reflecting both his musical…
Tokenized Gold on Solana: Bitcoin Layer 2 RWA on the Horizon?
Key Takeaways: OCBC’s GOLDX token now on Solana, backed by $525 million AUM fund. Solana surged 290% in…
Bitcoin Price Prediction: Blackrock’s Big Bitcoin Bet
Key Takeaways: BlackRock’s spot bitcoin ETF, IBIT, saw a net inflow of $871 million, leading the ETF market.…
Cardano Crypto Holds $0.24 as ADA’s Volume Jumps 48%: Recovery Ahead?
Key Takeaways: Cardano (ADA) is currently stabilizing at $0.24 with a recent +1.17% gain, though its recovery from…
Saylor Signals Massive Bitcoin Buys with Semi-Monthly Dividends Strategy
Key Takeaways: Michael Saylor indicates a forthcoming substantial Bitcoin purchase following a historical $1 billion acquisition. Proposal put…
Ethereum Price Prediction: Singapore’s Major Bank Launches Gold Token on ETH
Key Takeaways: OCBC bank has introduced GOLDX, a pioneering tokenized physical gold fund on Ethereum, revolutionizing institutional capital…
Ethereum’s Memecoin Surge: Key Insights and Price Trajectory
Key Takeaways: A single memecoin trader turned $2,500 into $500,000 with a 100,000% gain. Ethereum memecoin season could…
Spot Bitcoin ETFs Near $1 Billion in Weekly Inflows, Best Stretch Since Mid-January
Key Takeaways: Spot Bitcoin ETFs saw nearly $1 billion in weekly inflows, their best performance since mid-January. BlackRock’s…
Bitcoin Price Stuck Below $79K – Could BMIC’s Quantum-Safe Wallet Attract BTC Holders?
Key Takeaways: Bitcoin is hovering close to $72,700, trapped in the $76K–$79K resistance zone as bulls and bears…
XRP Price Prediction: Wrapped XRP Just Launched on Solana — Is This the DeFi Unlock XRP Holders Have Been Waiting For?
Key Takeaways: Wrapped XRP (wXRP) is now live on Solana, opening doors for XRP holders to explore DeFi…
Bitcoin Price Prediction: Crypto Struggles Amid Iran Conflict
Key Takeaways: Bitcoin holds steady above $70,000 despite geopolitical tensions between the US and Iran. Recent events see…
A $293 Million Hack Cuts Deep into Aave’s $8 Billion TVL: Is DeFi Staring at a Crisis?
Key Takeaways: Aave’s total value locked (TVL) plunged from $26.4 billion to $17.94 billion following a massive hack.…
EU Finance Firms Demand Urgent Blockchain Rule Changes Amidst US Progress
Key Takeaways: A coalition of 39 European financial firms, including Nasdaq, pressures the EU to expedite DLT regulatory…
2024 BTC Cycle ‘Dramatically’ Underperforming Previous Halvings
Key Takeaways: The current Bitcoin cycle shows significantly reduced volatility and upside compared to previous cycles. BTC’s growth…
European Investors Eye Bank Changes for Better Crypto Services
Key Takeaways: 35% of European investors would switch banks for improved crypto services. Regulatory uncertainty is a significant…
Saylor Signals Bigger Bitcoin Buy Amid Semi-Monthly Dividend Plan
Key Takeaways: Michael Saylor hints at a new substantial Bitcoin acquisition, following a recent $1 billion purchase. Strategy…
Strategy Acquires 34,164 Bitcoin, Holdings Surpass 800,000 BTC
Key Takeaways: Strategy, headed by Michael Saylor, purchased 34,164 BTC for $2.54 billion, bringing their total holdings to…
Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week
How Much Is Blueface Worth? Latest Net Worth Revealed (2026)
Key Takeaways: Blueface’s net worth in 2026 ranges from $4 million to $7 million, reflecting both his musical…
Tokenized Gold on Solana: Bitcoin Layer 2 RWA on the Horizon?
Key Takeaways: OCBC’s GOLDX token now on Solana, backed by $525 million AUM fund. Solana surged 290% in…
Bitcoin Price Prediction: Blackrock’s Big Bitcoin Bet
Key Takeaways: BlackRock’s spot bitcoin ETF, IBIT, saw a net inflow of $871 million, leading the ETF market.…
Cardano Crypto Holds $0.24 as ADA’s Volume Jumps 48%: Recovery Ahead?
Key Takeaways: Cardano (ADA) is currently stabilizing at $0.24 with a recent +1.17% gain, though its recovery from…
Saylor Signals Massive Bitcoin Buys with Semi-Monthly Dividends Strategy
Key Takeaways: Michael Saylor indicates a forthcoming substantial Bitcoin purchase following a historical $1 billion acquisition. Proposal put…
