Musk's SpaceX IPO Aims for Record-Breaking $75 Billion Raise

Elon Musk's SpaceX is poised to shake up global capital markets as it prepares for an Initial Public Offering (IPO) that could raise a record $75 billion. The company, now valued at $1.75 trillion after its merger with xAI, plans to use this influx of capital to fund ambitious projects like Mars colonization and the deployment of orbital AI data centers.

The IPO is expected to make SpaceX one of the largest companies to go public in history, dwarfing Saudi Aramco's record-breaking $29.4 billion raise in 2019. The company's financials support this scale, with a record revenue of $16 billion in 2025 driven by exponential growth in Starlink subscriptions.

SpaceX has also been quietly accumulating Bitcoin since 2021, with its current holdings valued at approximately $580 million. This strategic reserve asset is seen as a long-term hedge and a fundamental layer for the future space economy.