SpaceX Planning Major IPO
SpaceX, led by Elon Musk, is preparing for what could be the largest initial public offering (IPO) in history, targeting a valuation near $2 trillion. While an exact date for the IPO has not been confirmed, reports suggest it may take place as early as June 12, 2024.
The company, known for its advancements in rocket launches, satellite-based internet, and artificial intelligence, has seen its revenue rise significantly, reaching $18 billion in 2025. Notably, investment firms like Ark Invest and Baron Capital have major stakes in SpaceX, with Ark’s fund holding approximately 11% and Baron funds featuring SpaceX as their largest holding at nearly 29%.
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