SpaceX public listing valued at over $2 trillion
Elon Musk’s SpaceX is being valued at over $2 trillion ahead of its scheduled IPO in June, when the rocket maker aims to raise $75 billion, with up to 30% of the shares to be set aside for smaller retail investors
SPACEX
Feb 2026: Acquires xAI
Combined value $1.25tn
SpaceX Starship
Reusable rocket to send 100 people to Mars
Starlink
Satellite communications network offering internet connectivity to 9 million users globally
Falcon Heavy
SpaceX launcher can carry payload of 16,000 kg to Mars
Orbital AI data centres
Access to constant solar power could solve AI energy bottleneck.
SpaceX is seeking approval for one million satellite data centres
REVENUE 2025
SpaceX
$16bn
Profit
$8bn
xAI*
$3.8bn
*Estimated
X Corp: $2.9bn
Q3 2025 loss $1.46bn

XAI
Mar 2025: Acquires X Corp
Mar 2025 value: $80bn
X Corp
Oct 2022: Musk buys Twitter for $44bn
Mar 2025 value: $33bn
AI investment
Expenditure $7.8bn in Q1-Q3 2025
Reportedly burning through $1bn each month
X formerly Twitter
Grok AI
Sources: Bloomberg, Reuters, Sacra
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