Key Points
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SpaceX is seeking to raise up to $75 billion in its IPO, aiming for a valuation of $2 trillion.
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Alphabet, an early investor in SpaceX, could gain over $100 billion from its stake.
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SpaceX is a significant customer of Nvidia, which could also benefit from the IPO.
SpaceX, the space company founded by Elon Musk, confidentially filed for an IPO last week, with plans to raise up to $75 billion at a valuation of $2 trillion. This follows a recent merger with Musk’s AI venture, xAI, which had previously valued the company at $1.25 trillion earlier this year. The last known valuation in late 2025 was $800 billion.
If SpaceX’s anticipated valuation is reached, Alphabet’s 7% stake from a $900 million investment in 2015 could be worth approximately $140 billion. This potential windfall would significantly aid Alphabet’s capital expenditures, especially in AI-related projects.
SpaceX’s relationship with Nvidia could also play a critical role, as it may use a portion of the IPO proceeds to purchase Nvidia chips. Musk envisions innovative applications such as data centers in space, which could further drive demand for Nvidia’s technology.
