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SpaceX Plans Historic IPO Following Merger with xAI, Valuation Exceeds $1 Trillion

KVIA•Wednesday, April 1, 2026 at 5:26 PM•CNN Newsource

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AI Summary

SpaceX has confidentially filed for an initial public offering (IPO), potentially one of the largest in history, following its recent merger with xAI. Reports indicate that the IPO could take place in June or July, although the exact amount SpaceX aims to raise remains undisclosed. Elon Musk, the CEO, is expected to retain control over the majority of voting shares, which may further increase his wealth. The combined valuation of SpaceX and xAI is over $1 trillion, highlighting their significance in both the space travel and artificial intelligence sectors. This announcement coincides with NASA's planned launch of its first crewed lunar mission since the Apollo program.

Key Details: • Confidential IPO filing submitted, with a potential launch in June or July. • SpaceX valued at $800 billion, xAI at $230 billion, totaling over $1 trillion. • Elon Musk expected to maintain majority control of voting shares. • This IPO could significantly impact the capital needs of both SpaceX and xAI.

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