Washington, D.C. – SpaceX has confidentially submitted plans for an initial public offering, marking a pivotal moment for the world’s most valuable privately held space company. The IPO is expected to raise tens of billions of dollars and could value SpaceX at around $1 trillion or more, with some estimates pushing beyond $1.5 trillion.

This surge in valuation is largely fuelled by the rapid growth of its satellite internet division, Starlink, alongside its leadership in rocket launches and commercial space missions. The move will finally allow public investors access to a company that has remained private for over two decades.

A major driver behind this massive valuation is SpaceX’s recent merger with xAI, Elon Musk’s artificial intelligence venture. The merger significantly boosted the combined entity’s worth and positioned SpaceX as a hybrid powerhouse spanning space exploration, AI, and global communications. Analysts believe the IPO could reshape financial markets and become one of the largest listings ever, reflecting robust investor interest in Musk-led ventures. With ambitions that include space-based data centres and interplanetary missions, SpaceX’s public debut signals a new era where space technology and artificial intelligence are increasingly intertwined.