Banks handling SpaceX's IPO have to buy Grok subscriptions

SpaceX targets over $2T valuation in IPO

SpaceX, headquartered in Starbase, Texas, has raised its target IPO valuation to over $2 trillion. This puts it on track for what could be the biggest stock market listing ever. The company hopes to raise a record-breaking $75 billion through this process. If successful, this would surpass previous mega-IPOs such as Saudi Aramco in 2019 and Alibaba in 2014.