SpaceX Targets $2 Trillion Valuation in Potential Record IPO
SpaceX is targeting a valuation of more than $2 trillion in its upcoming IPO, according to reports. The listing could become the largest in stock market history.
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SpaceX is targeting a valuation of more than $2 trillion in its upcoming IPO, according to reports. The listing could become the largest in stock market history.
SpaceX has reportedly filed confidentially for an IPO, with a potential listing as early as June. The move could kick off a wave of major tech offerings.
SpaceX is preparing to file for an initial public offering as soon as this week, with reports suggesting a potential raise of over $75 billion. The listing could become one of the largest IPOs in history.
X plans to enable crypto and stock trading directly in users’ feeds within weeks.
Elon Musk becomes the first person ever to amass a net worth exceeding $850 billion.
SpaceX acquires xAI for $250 billion, valuing the combined business near $1 trillion with IPO estimates above $1.75 trillion.
SpaceX is in talks to merge with Elon Musk’s artificial intelligence startup xAI ahead of a planned public offering, according to Reuters. The deal could pave the way for the largest IPO in history and significantly boost Musk’s personal wealth.
Tesla will discontinue production of its Model S and Model X vehicles and convert its Fremont factory to manufacture Optimus humanoid robots. Elon Musk said the transition will begin in the second quarter, with long-term output targeted at up to one million robots annually.
SpaceX has selected Goldman Sachs, JPMorgan, Bank of America, and Morgan Stanley to lead its initial public offering, expected in the second half of 2026. With an estimated valuation of $1.5 trillion, the listing could become the largest IPO in history.
Global billionaire wealth climbed to a new peak in 2025 as the number of ultra-wealthy individuals surpassed 3,000 for the first time, according to Oxfam. The group warned that growing fortunes are translating into greater political and economic influence.
Elon Musk is pursuing up to $134 billion in damages from OpenAI and Microsoft, claiming he was misled after OpenAI abandoned its nonprofit mission and entered a deep commercial partnership with Microsoft.
xAI raises $20 billion in an oversubscribed Series E round, strengthening its AI infrastructure and model development ambitions.
Silver prices have surged to a new record above $79 per ounce, drawing attention not only from investors but also from industrial leaders like Elon Musk.
The U.S. Department of Defense has signed an agreement with Elon Musk’s xAI to integrate Grok models into its internal GenAI.mil platform, expanding secure AI use across military operations.
Forecasts give Elon Musk an 85% chance of becoming the world’s first trillionaire.