SpaceX Files for $1.75T IPO After Merging with Musk's xAI
SpaceX plans to file publicly for IPO on May 20, seeking $75 billion at $1.75 trillion valuation after xAI merger.
"Musk is taking his biggest swing yet—merging rockets with AI and asking public markets for $75 billion. If investors bite, orbital data centers just became real."
SpaceX is moving forward with its long-anticipated initial public offering, planning to file publicly as early as May 20, 2026. The rocket company aims to raise up to $75 billion—more than three times the largest U.S. IPO in history—with roadshow marketing starting June 4 and trading beginning June 12.
The timing follows SpaceX's February 2, 2026 all-stock acquisition of Elon Musk's xAI, creating a combined entity valued at $1.25 trillion that could seek a public valuation exceeding $1.75 trillion. The merged company is pursuing orbital AI computing infrastructure through its proposed constellation of up to one million solar-powered satellites, positioning SpaceX as both a space transportation and AI infrastructure provider.
The accelerated timeline comes amid market volatility from U.S.-Iran tensions and oil price spikes, with bankers hoping geopolitical conditions stabilize before June. If successful, SpaceX's massive market capitalization would likely trigger immediate inclusion in the S&P 500 and Nasdaq 100, forcing billions in passive fund purchases regardless of valuation concerns.
This historic IPO could reshape capital markets and validates orbital computing as viable AI infrastructure. The company's size means automatic index inclusion, potentially moving billions in institutional capital into space-based AI assets. For businesses planning AI strategies, it signals serious institutional backing for alternative computing infrastructure beyond traditional data centers.
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