$1.77 trillion valuation

Elon Musk's SpaceX Files for Historic IPO at $1.77 Trillion Valuation

Elon Musk's SpaceX has filed for a historic IPO with a $1.77 trillion valuation, aiming to raise $75 billion. The company is set to become the world's seventh-largest by market cap, surpassing Tesla and Meta. Despite losses, investor confidence remains high as Musk retains control via a dual-class share structure.