SpaceX files $75B IPO valuing company at $1.8 trillion

SpaceX files for massive $75 billion IPO, selling 555,555,555 shares at $135 each to value company at $1.8 trillion. The space giant aims to capitalize on investor enthusiasm for satellite internet and AI, with plans to use rockets to launch solar-powered, satellite-based data centers and build $55 billion semiconductor factory in Texas.

StarLink already has 10.3 million subscribers across 164 markets, serving as key cash source for capital-intensive operations. The IPO could make Elon Musk the world's first trillionaire, with analysts expecting further consolidation of his business empire including potential merger with Tesla in 2027.

SpaceX will play crucial role in NASA's Artemis program with planned Moon landing in 2028. While most public can't buy initially, Musk retains 80% voting power despite listing. With $75 billion valuation reflecting faith in Mars colonization and space data centers ambitions, is this space race or bubble?

SOURCE: https://www.channelstv.com/2026/06/04/spacex-seeks-record-75bn-in-stock-market-debut/