Why SpaceX Is Finally Gearing Up to Go Public

Like so many things in Elon Musk's orbit, a lot of it may come down to AI. SpaceX is planning to raise tens of billions of dollars through an initial public offering next year, multiple outlets have reported, and Ars can confirm. This represents a major change in thinking from the world's leading space company and its founder, Elon Musk . The Wall Street Journal and The Information first reported about a possible IPO last Friday, and Bloomberg followed that up on Tuesday evening with a report suggesting the company would target a $1.5 trillion valuation. This would allow SpaceX to raise in excess of $30 billion. This is an enormous amount of funding.