Overview
- Multiple reports say SpaceX submitted a confidential SEC filing that starts the review before a public prospectus.
- Coverage pegs the potential raise at $50 billion to $75 billion and the valuation at about $1.75 trillion to $2 trillion.
- Reports say up to 30% of shares could go to retail investors, a level that could magnify meme-style swings.
- Media cite about $18.5 billion of 2025 revenue and a Reuters report of $8 billion profit, though the xAI fold-in reportedly turned this year unprofitable.
- Indian investors can use the RBI Liberalised Remittance Scheme to buy foreign shares, yet experts say IPO allocations for overseas retail buyers are still hard to get.