SpaceX Files for IPO With Valuation Estimates Up to $1.75 Trillion

SpaceX has filed for an initial public offering that analysts said could significantly move global markets.

The move marks a pivotal shift for the aerospace company as it seeks to transition from a private entity to a public one. The scale of the offering is expected to test current market valuations and potentially reshape investor expectations for the space and AI sectors.

Valuation estimates for the company vary widely among financial institutions. Some reports cite a target valuation of $1.75 trillion ^[1], while Morningstar provides a more conservative fair-value estimate of $780 billion ^[2]. This discrepancy highlights the volatility and speculation surrounding the company's future growth trajectory.

Analysts said the company's aggressive expansion into artificial intelligence is a primary driver of value. Goldman Sachs projects that SpaceX will generate $322 billion in AI revenue by 2030 ^[4]. To justify these numbers, some metrics show a price-to-sales multiple above 67× ^[3].

The broader economic opportunity for SpaceX is described as immense. The company's total addressable market is estimated at $28.5 trillion ^[5]. Within that vast landscape, a single opportunity is valued at $26.5 trillion ^[6].

These figures suggest that SpaceX is positioning itself not merely as a rocket company, but as a foundational infrastructure provider for the next era of global connectivity and intelligence. The IPO will provide a concrete market price for a company that has long operated away from the scrutiny of public shareholders.