Elon Musk’s SpaceX unveils filing for blockbuster IPO
SpaceX has filed for an initial public offering (IPO) that could value the company at $1.75 trillion. This move positions SpaceX to become one of the world's most valuable publicly traded companies, following its success in launching thousands of Starlink satellites. The IPO is expected to take place on June 11, with significant implications for Elon Musk's business empire and the future of commercial space travel.
- ▪SpaceX's IPO filing could lead to a valuation of $1.75 trillion, making it one of the most valuable companies globally.
- ▪The company generated $18.67 billion in revenue last year, primarily from its Starlink satellite internet service.
- ▪The IPO is anticipated to take place on June 11, with a listing aimed for the following day.
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Economy|Elon MuskElon Musk’s SpaceX unveils filing for blockbuster IPOA successful sale could value the company at a record-setting $1.75 trillion.ListenListen (5 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoThe share sale for SpaceX is expected on June 11 [File: David J Phillip/AP Photo]By ReutersPublished On 20 May 202620 May 2026SpaceX has taken off the wraps off its IPO filing, opening the books of the company that has already revolutionised rocket technology, with even larger ambitions to colonise Mars and build AI data centres in space.A successful sale could value the company at a record-setting $1.75 trillion, which would put its founder on track to become the first trillionaire in history, validating…
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