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SpaceX Targets $2 Trillion IPO After xAI Merger

4/6/2026

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Story summary
  • SpaceX plans a historic IPO with a valuation up to $2 trillion after merging with Elon Musk's AI company, xAI.
  • The offering aims to raise $75 billion, potentially the largest IPO.
  • Alphabet, which holds a 7% stake in SpaceX, could see its investment worth $140 billion if valuation is reached.
  • Nvidia, a major SpaceX supplier, would benefit from chip purchases as SpaceX expands, including plans for space-based data centers.