SpaceX Prepares for the Largest IPO in History

Elon Musk’s space company SpaceX has filed for an initial public offering with the U.S. Securities and Exchange Commission (SEC). If the process proceeds as planned, the company is expected to achieve a valuation of $1.75 trillion, potentially marking the largest IPO in history.

SpaceX aims to raise approximately $75 billion through the offering, positioning the company just behind technology giants such as Nvidia, Apple, Alphabet, Microsoft, and Amazon in terms of market value. The company was valued at around $90 billion in 2022. The IPO follows Elon Musk’s decision to integrate his loss-making artificial intelligence venture xAI into the company at a $250 billion valuation, signaling a broader strategic expansion into technology and artificial intelligence.

The IPO is expected to take place in June, with reports indicating that Musk plans to align the offering with a rare planetary alignment and his 55th birthday.