SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire SpaceX is planning its initial public offering, aiming to raise approximately $75 billion, which would make it the largest IPO ever and could position its founder, Elon Musk, to become the world’s first trillionaire. The company plans to sell 555.6 million shares at $135 each, resulting in a market value of $1.77 trillion. This move comes as SpaceX, alongside competitors like Anthropic and OpenAI, is also scaling AI technology, acquiring xAI to build solar-powered infrastructure for AI’s energy demands.

• SpaceX plans to raise about $75 billion through its IPO, potentially becoming the largest ever.
• The IPO could make Elon Musk the world’s first trillionaire.
• The company will sell 555.6 million shares at $135 each, valuing SpaceX at $1.77 trillion.
• Musk leads Tesla and is not selling SpaceX shares; he will retain 82.4% voting power.
• SpaceX is involved in scaling AI technology, having acquired xAI to support AI energy demands.
• Competitors Anthropic and OpenAI are also preparing for IPOs, with offerings interpreted as capital generation for AI data centers.