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    SpaceX IPO Targets $1.5 Trillion USD in Symbolic June Listing

    9 hours ago

    SummarySpaceX is reportedly eyeing a mid-June IPO that would align with both a rare conjunction of Jupiter and Venus and Elon Musk’s 55th birthday, underlining his taste for symbolism in big corporate movesThe listing could raise up to $50 billion USD at a valuation near $1.5 trillion USD, positioning SpaceX for the largest initial public offering in history and eclipsing Saudi Aramco’s 2019 debutFresh capital is expected to fuel the Starship deep-space program, expand the Starlink satellite network and back Musk’s push into space-based AI data centers, even as bankers warn the proposed timeline is extremely tightReports across global business media sketch out a SpaceX IPO that feels more like cosmic theatre than a standard Wall Street debut. Insiders say Elon Musk wants the float to land in mid-June, when Jupiter and Venus appear almost side by side in the night sky for the first time in over three years, just weeks before he turns 55. The planetary timing tracks with a long pattern of numerology and in-jokes baked into his business decisions, from the infamous $420 USD Tesla tweet to the $54.20 USD bid that took Twitter into the X era.Behind the spectacle sits a very real capital play. SpaceX is said to be targeting as much as $50 billion USD in fresh funds at a roughly $1.5 USD trillion valuation, more than enough to dethrone Saudi Aramco’s IPO as the biggest raise on record. That war chest would scale the reusable Starship system aimed at Mars, densify Starlink’s already-dominant satellite constellation and bankroll an audacious plan to loft AI-ready data centers into orbit, linked through about 9,400 satellites. Bankers and early backers are split on whether mid-2026 is realistic, flagging the still-unfiled S-1, a global roadshow crunch and a macro backdrop defined by tariff threats and rate jitters. But if Musk threads the needle, the SpaceX listing would hardwire the new space race, satellite internet and AI infrastructure into a single, era-defining trade.Click here to view full gallery at Hypebeast
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