SpaceX's First IPO Sprint Aims for $2 Trillion Valuation, Surpassing Meta and Tesla

BlockBeats News, April 3rd: According to Bloomberg, sources revealed that SpaceX has raised its target valuation for its initial public offering to over $2 trillion. The company and its advisors are disclosing this valuation target to potential investors and preparing for upcoming meetings in the coming weeks. The "roadshow" presentation may include more information to support this valuation.

After acquiring xAI, a company under Musk's umbrella, SpaceX's post-merger valuation was $1.25 trillion. At a $2 trillion valuation, SpaceX would surpass all companies in the S&P 500 index except for NVIDIA, Apple, Google's parent company Alphabet, Microsoft, and Amazon. It would also exceed two other members of the Big Seven in the US stock market—Meta and Musk's own Tesla.