News: 0181203484

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

SpaceX Files To Go Public (reuters.com)

(Wednesday April 01, 2026 @11:30PM (BeauHD) from the to-the-moon dept.)


Reuters reports that SpaceX has [1]confidentially filed for a U.S. IPO , reportedly targeting a valuation above $1.75 trillion. Reuters reports:

> SpaceX puts more rockets in space than any other company and promises a chance to invest in humanity's return to the moon and attempt to colonize Mars. The company aspires to put artificial intelligence data centers in space, while running a lucrative satellite communications system that opens up much of the earth to the internet and is increasingly used in war. [...]

>

> A public listing at a potential valuation of more than $1.75 trillion comes after SpaceX [2]merged with Musk's artificial intelligence startup xAI in a deal that valued the rocket company at $1 trillion and the developer of the Grok chatbot at $250 billion. SpaceX is hosting an analyst day on April 21, encouraging research analysts to attend in person, [...]. The company is also offering analysts an optional visit to xAI's "Macrohard" data center site in Memphis, Tennessee, on April 23, and plans to hold a virtual session on May 4 to discuss financial models with banks' research analysts, the source said.



[1] https://www.reuters.com/business/aerospace-defense/spacex-registers-take-rocket-maker-public-blockbuster-ipo-bloomberg-news-reports-2026-04-01/

[2] https://slashdot.org/story/26/02/03/0346252/spacex-acquires-xai-in-125-trillion-all-stock-deal



Thoughts and prayers (Score:1)

by T34L ( 10503334 )

going out for those about to end up holding the bags of Tesla, as vast majority of the capital in the "Elon Musk is intelligent and not a fraud" industry is about to move into the newer, flashier investment vehicle.

FORTUNE'S FUN FACTS TO KNOW AND TELL: #37
Can you name the seven seas?
Antarctic, Arctic, North Atlantic, South Atlantic, Indian,
North Pacific, South Pacific.
Can you name the seven dwarfs from Snow White?
Doc, Dopey, Sneezy, Happy, Grumpy, Sleepy and Bashful.