SpaceX is planning to raise $80 billion to launch the largest IPO in history, with a valuation potentially reaching $1.7 trillion.

SpaceX, led by Elon Musk, is preparing for a potentially groundbreaking IPO that could rewrite global IPO history. According to reports, SpaceX plans to raise as much as $80 billion or even more through the IPO, with a final valuation of around $1.71 trillion, surpassing the record set by Saudi Aramco in 2019 to become the world's most valuable newly listed company. At the same time, the IPO fundraising size is expected to far exceed the approximately $26 billion raised by Saudi Aramco that year. According to current market estimates, SpaceX's fundraising size could be about three times that. Analysts point out that this will not only be another star tech company going public, but also a significant test of Wall Street's acceptance of "super-large private tech companies." In recent years, many highly valued tech companies have remained in the private market for an extended period, relying on ample private capital financing rather than going public early as in the past. If SpaceX successfully goes public, it could reignite global IPO market enthusiasm and further drive revaluation of the aerospace, AI, and tech sectors. The market also believes that this may create a more favorable environment for AI unicorn companies like OpenAI and Anthropic that are also considering IPOs. Financial data shows that SpaceX had revenue of approximately $16 billion last year. In addition to rocket launches, satellite internet, and government space contracts, the company has recently expanded its artificial intelligence layout through the acquisition of Musk's AI company xAI. Investors are particularly bullish on SpaceX's leading position in the commercial space sector and the long-term growth potential brought by AI. SpaceX's development path in Silicon Valley is quite unique. The company was founded in 2002, earlier than Meta (formerly Facebook) and Uber Technologies, Inc., but it remains private to this day. In comparison, although there have been large IPOs such as Rivian Automotive, Arm Holdings, Airbnb, Inc. Class A, and Porsche in recent years, their scale still cannot compare to the potential IPO of SpaceX. Analysts point out that in recent years, ample private capital has allowed more tech companies to remain privately held for a long period while still receiving high valuations. The rise of companies like SpaceX, OpenAI, and Anthropic is also changing the traditional financing and IPO paths of global tech companies.