Elon Musk wants SpaceX out of the private sphere.
Now.
Or next month anyway.
Reuters reports the company is “accelerating” its initial public offering. The goal? An official announcement this week. The listing date targets June 12. Nasdaq will handle it. The ticker? SPCX.
Simple enough.
Right?
Not quite.
Musk is aiming high. A valuation north of $1.75 trillion.
To make that stick he moved his assets around. He folded xAI —his artificial intelligence venture—into the space firm earlier this year. A strategic merger meant to boost the combined entity’s worth. Investors love synergy. Even when it feels convenient.
Orbital AI data centers are essential for the future of the industry.
He’s not just talking.
Google is reportedly in talks to launch rockets for space-based AI infrastructure. Anthropic just announced a similar partnership with SpaceX. Big tech wants compute power up there. Musk is building the road to get it there.
All signs point to an imminent IPO.
The exact launch timing is fuzzy. That will clarify soon enough.
