SpaceX Is the Riskiest, Biggest Tech Bet in History
SpaceX is preparing for what could be the largest IPO in history, potentially valued at $1.75 trillion. The valuation reflects high expectations for Elon Musk's vision of integrating advanced technologies and transforming civilization. While the figure seems extraordinary by traditional standards, it underscores the scale of Musk's industrial ambitions.
- ▪SpaceX is expected to go public as soon as next month.
- ▪The IPO could raise around $75 billion and value the company at $1.75 trillion.
- ▪SpaceX and China are the only two entities attempting to vertically integrate electric vehicles, batteries, chips, robotics, and AI.
- ▪Elon Musk oversees a vast industrial conglomerate that includes SpaceX.
- ▪The IPO would be the largest in history by a significant margin.
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SpaceX Is the Riskiest, Biggest Tech Bet in HistoryExpected as soon as next month, SpaceX is expected to be the largest IPO in history by a long shot. (Illustration by The Free Press)An IPO could value it at close to $2 trillion. Whether it’s worth that depends on how you value Elon Musk’s chances of transforming civilization.By Patrick McGee05.04.26 — Tech and BusinessNo description available.FOLLOW TOPIC --:----:--Upgrade to Listen5 minsProduced by ElevenLabs using AI narrationThere are only two industrial actors in the world attempting to vertically integrate electric vehicles, batteries, chips, robotics, and artificial intelligence into one monolithic entity. One is China.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Free Press.