SpaceX Plans $75B IPO So Huge It Might Buy Earth, Twitter, And Your Soul
KEY POINTS
- •SpaceX is aiming to raise approximately $75 billion in a historic IPO with a valuation near $1.75 trillion.
- •Elon Musk recently merged xAI into SpaceX after folding X (formerly Twitter) into xAI, despite founding team departures.
- •The company’s financials remain confidential, but it’s known that xAI is currently losing significant money.
Elon Musk is gearing up to drop the largest IPO in history—like, $75 billion big—valuing SpaceX at a mind-blowing $1.75 trillion. For perspective, that’s more than Walmart, Exxon, and Meta combined, and enough to make Wall Street moist. Musk is breaking IPO etiquette by reserving 30% of shares for retail investors, triple the norm—because nothing says 'buy the chaos' like giving Joe and Jane $$$ to gamble on rocket ships and data centers in orbit. He's merging xAI, X (formerly Twitter), and SpaceX, despite all 11 xAI cofounders ghosting and the concept of one million orbital data centers sounding like sci-fi buffet leftovers. Financials? Confidential. Losses? Massive. Investors are basically betting on Elon memes and hope, as Musk preps peaceful talks with the SEC about a 2022 legal spat while still wanting to run two megafirms at once. IPO or intergalactic soap opera? You decide.
Share the Story
(1 of 3)SpaceX IPO: raising $75B so Elon can finally afford all the internet drama and loss-making AI experiments he quietly loves.
Elon’s IPO wants more money than the US got from all IPOs combined in 2024 and 2025. It’s like a billionaire’s garage sale but with rockets and chaos. Good luck, retail investors.
SpaceX merging Twitter into AI into rockets is the business version of mixing every soda flavor and expecting a gourmet cocktail. Somehow, Elon’s selling that to Wall Street.
Source: Axios | Published: 3/30/2026 | Author: Dan Primack
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