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SpaceX IPO Raises $75B, Breaks All-Time Record

SpaceX IPO Raises $75B, Breaks All-Time Record

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The Spin


SpaceX's record-breaking $75B IPO is the payoff for investors who took bold, early bets on a company that redefined what's possible in aerospace. Firms like Fidelity, Ark Invest and Founders Fund didn't just get lucky — they recognized that SpaceX was building vertically integrated AI and space infrastructure decades ahead of anyone else. At a $1.8 trillion valuation, this company is still early in its value creation.

SpaceX's $1.8 trillion IPO valuation is built on hype, not hard numbers — the company posted net losses in 2025 and early 2026, and Morningstar pegs fair value at just $780 billion. The AI revenue pitch hinges on orbital computing tech that doesn't exist yet, with Starship years behind schedule. A great company at too high a price is still a bad investment.


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All rights reserved.

Version 7.4.1