What is SpaceX's target valuation for its IPO?

SpaceX is aiming for an initial public offering that could value the company at more than $1.75 trillion.

When could SpaceX's confidential IPO filing occur?

The confidential filing for SpaceX's IPO could happen as soon as March.

What is the main revenue driver for SpaceX?

The Starlink satellite internet service is the primary driver of SpaceX's revenue.

Home / Business and Economy / SpaceX Eyes $1.75 Trillion IPO, Eyes Record Books

SpaceX Eyes $1.75 Trillion IPO, Eyes Record Books

28 Feb

•

Summary

SpaceX aims for over $1.75 trillion valuation in IPO.
Confidential IPO filing could occur as soon as March.
Company anticipates significant profit from Starlink service.

SpaceX Eyes $1.75 Trillion IPO, Eyes Record Books

SpaceX, led by Elon Musk, is reportedly planning a confidential initial public offering with a valuation target exceeding $1.75 trillion. This move, expected to occur as early as March, could position it among the largest IPOs ever recorded.

The rocket and satellite firm generated approximately $8 billion in profit from revenues of $15 billion to $16 billion in the past year. The Starlink satellite internet service is a major contributor, accounting for a significant portion of the company's revenue.