SpaceX is reportedly preparing for an initial public offering (IPO) in mid-June, aiming to raise up to $50 billion at a valuation near $1.5 trillion. This would make it the largest IPO in history, surpassing Saudi Aramco’s 2019 record. The timing coincides with a rare astronomical event involving Jupiter and Venus, as well as Elon Musk’s 55th birthday.
The funds raised are expected to support the development of the Starship deep-space program, expand the Starlink satellite network, and advance plans for space-based AI data centers. However, some financial experts express concerns about the feasibility of the proposed timeline, citing the lack of a filed S-1 document and challenging market conditions.
**Why this matters**
If successful, SpaceX’s IPO could significantly influence the space industry by accelerating satellite internet deployment and deep-space exploration. It would also highlight the growing intersection of space technology and artificial intelligence infrastructure, potentially shaping future investment trends in these sectors.