Aerospace firm SpaceX is reportedly aiming for an IPO valuation above $2 trillion, according to Bloomberg, as it prepares for what could become the largest market debut ever. The company and its advisors are already discussing this valuation with potential investors ahead of upcoming meetings, where they will provide more details to support the target. If achieved, this would represent a massive jump in value over a short period of time, especially given that the company was recently valued at about $1.25 trillion following its merger with Elon Musk’s AI venture, xAI.
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Trade AMZN with leverageUnsurprisingly, a valuation above $2 trillion would place SpaceX among the largest companies in the world. In fact, it would rank behind only a handful of firms like Nvidia (NVDA), Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN), while surpassing companies such as Meta (META) and Tesla (TSLA). SpaceX has already filed confidentially for an IPO that could happen as early as June. However, discussions are still ongoing, and key details of the offering could change.
Nevertheless, the company could raise up to $75 billion, which would shatter past records like Saudi Aramco’s $29 billion IPO. Those funds are expected to support projects such as AI data centers in space, larger rocket systems, and even plans for a lunar base. In addition, SpaceX continues to generate most of its revenue from launches and its Starlink satellite network, which is expected to approach $20 billion in revenue by 2026.
What Is the Prediction for TSLA Stock?
When it comes to Elon Musk’s companies, most of them are privately held. However, retail investors can invest in his most popular company, Tesla. Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 11 Holds, and seven Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $395.49 per share implies 9.8% upside potential.
