SpaceX Plans $1.75 Trillion IPO
SpaceX is preparing for what could become the largest initial public offering (IPO) in history, with a targeted valuation of $1.75 trillion and a capital raise of $75 billion. Reports of the confidential filing emerged on April 1, and the IPO could occur as early as 2026. If successful, it would surpass Tesla as the eighth-largest publicly traded company in the U.S.
In 2022, SpaceX generated approximately $16 billion in revenue and achieved $8 billion in profit, showing a swift path to profitability. However, history suggests that mega-IPOs often struggle shortly after going public, with an average loss of around 10% within the first six months; if this trend continues, SpaceX could see a potential market value drop of up to $175 billion.
