News
Artificial Intelligence · IPO · SpaceX · XAI
SpaceX, after merging with Elon Musk's xAI, confidentially filed plans for an initial public offering on April 1, 2026, potentially creating a combined entity valued over $1 trillion and marking one of the largest IPOs ever, according to reports from Bloomberg, the Wall Street Journal, and Reuters.
The combined company, valued at $800 billion for SpaceX and $230 billion for xAI in January by PitchBook, aims to sell shares by June or July. Elon Musk, already the world's richest person, is expected to retain control of a majority of voting shares, further increasing his wealth.
This IPO seeks to raise capital for both SpaceX's ambitious space travel projects, including the Starship rocket, and xAI's demanding artificial intelligence data center network, which plans one million orbiting satellites. The offering capitalizes on Wall Street's strong demand for AI-related stocks, positioning the merged entity as a dominant player in both space and AI sectors.
Other major AI companies, OpenAI and Anthropic, are also reportedly preparing for IPOs this year.
SpaceX, xAI File Trillion-Dollar IPO Plans(current)
