Overview
- The Financial Times reports SpaceX is aiming for a mid-June listing that could raise up to $50 billion at about a $1.5 trillion valuation, surpassing Saudi Aramco’s $29 billion debut.
- Reuters and Bloomberg report unconfirmed discussions about combining SpaceX with Musk’s AI firm xAI, with a broader consolidation that includes Tesla described as an internal consideration.
- The companies have not commented on the merger reports, and no final plan or regulatory filing confirming such a transaction has been disclosed.
- Recent legal entities formed in Nevada linked to SpaceX CFO Bret Johnsen are cited by news outlets as potential groundwork for corporate restructuring.
- Analysts and reporting point to rapid Starlink growth as the driver of investor interest, with revenue estimates of roughly $15 billion in 2025 and $22–24 billion in 2026.