SpaceX, led by Elon Musk, is moving closer to a major initial public offering (IPO) that could value the company between $1.5 trillion and $1.75 trillion.
Reports say the listing could happen as early as June and may raise tens of billions of dollars, making it one of the biggest IPOs in history.
The company, best known for rockets and its Starlink satellite internet service, is now expanding into artificial intelligence alongside its space business. SpaceX is working on combining AI systems with its satellite and space technologies to support future growth.
A large part of its expected future earnings is linked to Starlink and new AI-driven services. Investors are watching closely as the company prepares for its market debut.
While SpaceX has seen strong revenue growth, it has also recorded losses due to heavy spending on rockets, satellites, and research projects.
Analysts say the IPO could attract huge investor interest because it brings together space, internet infrastructure, and AI in one company.
Even after going public, Elon Musk is expected to keep strong control over SpaceX’s decisions.
The listing is seen as a major moment for the tech and space industry, with potential to reshape how investors value companies working across AI and space technology.