SpaceX Plans $1.75 Trillion IPO to Fund Starship, Lunar Base, and Orbital AI Data Centers
Elon Musk's SpaceX is preparing for what could be the largest IPO in history, with a confidential filing expected as early as next month at a staggering $1.75 trillion valuation. The space exploration company aims to use the proceeds to accelerate development of its Starship rocket, establish AI data centers in orbit, and build a permanent lunar base.
The joint offering with Musk's xAI venture combines two of the fastest-growing private companies, with SpaceX's secondary shares previously trading at an $800 billion valuation and xAI recently closing a $20 billion funding round at $230 billion. This move intensifies Musk's competition with tech giants like Google and Meta in the AI arms race while simultaneously advancing his interplanetary ambitions.
Bloomberg reports the companies have begun the confidential filing process with regulators, allowing for private feedback before public disclosure. The IPO WOULD mark a watershed moment for private space infrastructure investment, potentially creating new opportunities for cryptocurrency applications in space-based computing and interplanetary transactions.