Overview
- Multiple outlets report SpaceX aims to file an IPO prospectus as soon as this week or next, with a June debut that could raise up to $75 billion at valuations near $1.75 trillion.
- The Information and Bloomberg cite unnamed sources for the timetable and size, while Financial Times reports Bank of America, Goldman Sachs, JPMorgan and Morgan Stanley are advising.
- SpaceX folded Elon Musk’s AI startup xAI into the company in February, which put the combined value near $1.25 trillion and positioned the firm as a space and computing platform.
- Reported plans call for proceeds to fund AI data centers in space, a lunar base and faster Starship development, with Starlink’s fast‑growing internet service as the near‑term revenue engine.
- Following Wednesday’s reports, space stocks jumped as investors bet a SpaceX listing could draw retail buyers and unlock new capital for next‑generation space firms.