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SpaceX Targets More Than $2 Trillion Valuation in IPO

SpaceX boosted its target IPO valuation above $2 trillion, according to people familiar with the matter, as the world’s most valuable startup gears up to pitch potentially the biggest-ever market debut.

SpaceX flags fly as people wait on South Padre Island to watch a SpaceX Starship rocket launch from Starbase, Texas. Photographer: Sergio Flores/AFP/Getty Images
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SpaceX Weighs Confidential IPO Filing as Soon as March

SpaceX is targeting filing confidentially for an initial public offering as soon as next month, according to people familiar with the matter, as billionaire Elon Musk’s rocket and satellite company moves forward with plans for the biggest-ever listing.

SpaceX headquarters in Hawthorne, California, US, on Tuesday, April 19, 2022. Brimming with SpaceX engineers, Hawthorne, California, has become an unlikely focal point for a new era of manufacturing. Photographer: Alisha Jucevic/Bloomberg
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Musk Is Said to Be in Advanced Talks to Combine SpaceX, xAI

Elon Musk is in advanced talks to combine Space Exploration Technologies Corp. with xAI, according to people familiar with the matter, underscoring how the billionaire’s artificial intelligence ambitions have grown too costly for any one of his entities to shoulder alone.

A SpaceX Falcon Heavy rocket lifts off from Kennedy Space Center in 2024. Photographer: Miguel J. Rodriguez Carrillo/AFP/Getty Images
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SpaceX to Offer Insider Shares at Record-Setting $800 Billion Valuation

SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk’s rocket and satellite maker at as much as $800 billion, people familiar with the matter said, reclaiming the title of the world’s most valuable private company.

The SpaceX Starbase industrial complex and rocket launch facility in Boca Chica, Texas.
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