Daniel Oberhaus
SpaceX and its consultants are negotiating this amount with prospective investors before a roadshow scheduled for the upcoming weeks. According to Bloomberg, this represents nearly a two-thirds increase compared to the February valuation of the merged entity SpaceX and xAI ($1.25 trillion).
At this valuation, SpaceX would exceed Meta Platforms and Tesla, ranked just behind Nvidia, Apple, Alphabet, Microsoft, and Amazon, the agency observes.
The firm has secretly submitted for an IPO, which, as per Bloomberg, may happen as soon as June. This could generate as much as $75 billion, which is over twice Saudi Aramco's record ($29 billion in 2019).
The main revenue for SpaceX is generated through rocket launches and its Starlink satellite internet service. In 2026, revenue is anticipated to near $20 billion, whereas xAI's revenue is predicted to fall below $1 billion.
source: bloomberg.com
At this valuation, SpaceX would exceed Meta Platforms and Tesla, ranked just behind Nvidia, Apple, Alphabet, Microsoft, and Amazon, the agency observes.
The firm has secretly submitted for an IPO, which, as per Bloomberg, may happen as soon as June. This could generate as much as $75 billion, which is over twice Saudi Aramco's record ($29 billion in 2019).
The main revenue for SpaceX is generated through rocket launches and its Starlink satellite internet service. In 2026, revenue is anticipated to near $20 billion, whereas xAI's revenue is predicted to fall below $1 billion.
source: bloomberg.com