SpaceX Eyes June IPO with Projected $1.75 Trillion Valuation

SpaceX is moving toward a public offering, with confidential filings suggesting a target date in June. Market analysts estimate the company could reach a valuation of $1.75 trillion, a figure that would allow the aerospace leader to raise between $50 billion and $75 billion in fresh capital. The valuation is heavily underpinned by the rapid scaling of the Starlink satellite division. After recording a net loss in 2023, Starlink reported a profit of approximately $72 million in 2024, which surged to at least $8 billion in 2025 on revenues of roughly $15 billion. However, the consolidated financial picture remains complex. SpaceX reported a net loss of nearly $5 billion, driven largely by the acquisitions of X (formerly Twitter) and the artificial intelligence startup xAI. Despite these losses, investors remain confident in Musk's ability to scale disruptive technologies like Starship and data-center satellites. The impending IPO is expected to provide a strategic boost to Tesla (TSLA). The two companies already share deep ties, including Tesla's $2 billion investment in xAI and the integration of the Grok AI assistant into Tesla vehicles. Furthermore, xAI has deployed Tesla's utility-scale Megapack battery solutions. Analysts suggest that the massive influx of capital into SpaceX could lead to increased orders for Tesla's robotics and energy products. Given the shared leadership, these collaborations may execute more rapidly than traditional third-party contracts, accelerating Tesla's transition from an automotive manufacturer to an AI and robotics powerhouse.