SpaceX IPO Targets $1.75T Valuation — Bigger Than Bitcoin, Bigger Than Meta, Moon Enough for You?

Elon Musk's SpaceX has reportedly filed confidentially for an initial public offering, moving closer to what could be the biggest public listing in US history. The aerospace darling that's been sending cars into orbit like cosmic Uber rides is finally coming to Wall Street, and the memes are already writing themselves.

The company submitted its IPO paperwork to the US Securities and Exchange Commission, according to Bloomberg, with sources saying the listing could be finalized as early as June. SEC filing season just got a lot more interesting — forget boring SaaS companies, we're about to watch rocket science meet quarterly earnings calls.

SpaceX could seek a valuation exceeding $1.75 trillion, which would make the aerospace company more valuable than Meta, Tesla, and Bitcoin combined. The IPO could raise up to $75 billion — more than double Saudi Aramco's record $29 billion debut in 2019. That's not just moon money, that's multiple moons, a Mars colony, and still enough left over to buy every ape JPEG in existence twice.

The potential listing follows SpaceX's acquisition of Musk's AI startup xAI in early February, putting the company in an AI race against OpenAI and Anthropic. OpenAI closed its latest funding round with $122 billion in committed capital, reaching a $852 billion valuation. Musk really said why choose between rockets and robots when you can have both and potentially break the universe.

SpaceX told prospective IPO investors to expect briefings from executives later this month. The company is weighing a dual-class share structure that would give insiders