SpaceX is expected to reach a $2 trillion valuation, surpassing Meta and Tesla.
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Golden Ten Data reported on April 3 that, according to informed sources, SpaceX has raised its target valuation for its initial public offering (IPO) to over 2 trillion USD. These sources stated that the company and its advisors are sharing this valuation target with potential investors as they prepare for meetings in the coming weeks. According to previous foreign media reports, these so-called "trial balloon" briefings may include more information supporting this valuation. In February, it was reported that after SpaceX acquired Musk’s xAI, the merged company was valued at 1.25 trillion USD. With a 2 trillion USD valuation, SpaceX would surpass every company in the S&P 500 index except for Nvidia, Apple, Google parent company Alphabet, Microsoft, and Amazon, and would also surpass two other members of the “Magnificent Seven” in the US stock market—Meta and Musk’s own Tesla.
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