people · May 21, 2026
SpaceX Files for IPO Targeting $1.75 Trillion Valuation on May 20 2026
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SpaceX filed for an IPO on May 20, 2026 with a target valuation of $1.75 trillion. Elon Musk maintains control through the filing. SpaceX merged with xAI in a deal valuing SpaceX at $1 trillion. The filing shows $10.1 billion in capital spending for the first quarter. Anthropic agreed to pay SpaceX $1.25 billion monthly for compute capacity through May 2029.
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