SpaceX Eyes $1.75 Trillion Valuation in Record IPO

SpaceX is accelerating its preparations for what is anticipated to be the largest initial public offering in history, targeting a late-June market debut in the United States. The aerospace manufacturer is seeking a $1.75 trillion valuation and plans to raise $75 billion in capital, even as confidential filings reveal the company swung to a $4.94 billion consolidated loss in 2025. This deficit was driven by heavy spending on artificial intelligence and a nearly five-fold increase in capital expenditures over two years, which reached $20.74 billion.