Overview
- Reports say SpaceX has filed confidentially to go public and is preparing an investor roadshow.
- Coverage pegs the raise near $75 billion and a valuation ranging from about $1.75 trillion to above $2 trillion.
- Shares of public peers rose after the IPO news, with Planet Labs, Rocket Lab, and AST SpaceMobile gaining on sentiment.
- Published figures on 2025 diverge, with Reuters citing about $16 billion in revenue and $8 billion in profit, while The Information reported about $18 billion in revenue and a $5 billion loss.
- Analysts warn that past mega-IPOs often lag the market and note that a $2 trillion price tag would imply a price-to-sales near 100.