#spacex-ipo

#spacex-ipo

Elon Musk is reportedly looking to finally take SpaceX public after years of resistance, according to sources who spoke to The Wall Street Journal. The company has long said it wouldn't choose an IPO until it had established a presence on Mars. That isn't happening anytime soon. So why now? Company insiders have suggested it's because Musk wants to build AI data centers in space. Google recently announced it was looking into putting a data center in space, with test launches scheduled for 2027.

Elon Musk is selling investors a future of driverless cars, robot assistants and life on Mars. The problem is there's only one way to buy into his vision: Tesla Inc.'s stock. The electric-vehicle maker's shares, which hit their first record of the year on Tuesday, are up roughly 20% in the last four weeks. Since tumbling to a low on April 8 during the height of panic over the Trump administration's tariffs, the stock has soared 111%,

The big news this week concerns the decision by SpaceX founder Elon Musk to take the company public, via IPO, sometime within the next 12 to 18 months. Musk confirmed this after Ars published a story on Wednesday evening. This understandably raises questions about whether a future SpaceX will be committed more to AI data centers in space or Mars settlement.

The company is seeking a $1.5 trillion valuation - the richest listing in history, per Bloomberg. Combined with other possible listings, Bloomberg estimates that as much as $2.9 trillion worth of private companies could go public next year. Other AI-linked "centicorns" - companies valued at $100-billion plus-are reportedly weighing listings, including Databricks and Anthropic. OpenAI has an implied valuation of over $500 billion, fueling speculation about a future stock listing, though it has attempted to tamp that down.