03-April-2026
Corporate News
 
SpaceX files for IPO confidentially, eyes $1.75 trillion valuation: Report
02-Apr-2026

SpaceX may soon lead the largest stock market listing on record with an IPO valuation of more than $1.75 trillion. The Elon Musk-led company had merged with his artificial intelligence startup xAI earlier this year — valuing the rocket company at $1 trillion and the developer of the Grok chatbot at $250 billion. According to a Bloomberg report, the company has filed confidentially for a US initial public offering and appears to be on track for a June listing. Companies can receive feedback from the regulator and make changes before the information becomes public in such cases. The publication estimated last week that SpaceX may consider a fundraising target of about $75 billion — dwarfing the $29 billion IPO debut record currently held by Saudi Aramco

News Source:- https://www.financialexpress.com/business/news/spacex-files-for-ipo-confidentially-eyes-75-billion-valuation-report/4192510/