# Elon Musk’s SpaceX is seeking a $1.75 trillion valuation in its forthcoming initial public offering.

*aerospace · news · 2026-04-09 · The Hindu Business Line*

## Key points

- SpaceX is targeting a $1.75 trillion valuation in its upcoming IPO, surpassing Meta and Berkshire Hathaway.
- Starlink now accounts for 50% to 80% of SpaceX’s revenue and has over 10 million subscribers.
- SpaceX posted $8 billion in EBITDA profit and $15–16 billion in revenue for 2025, per Reuters.
- At the target valuation, SpaceX would trade at a price-to-revenue multiple of 56 and EBITDA multiple of 109.
- SpaceX merged with xAI in February 2026, valuing xAI at $250 billion and SpaceX at $1 trillion.

**Companies:** SpaceX, Tesla
**Countries:** United States

[Read the full story on The Hindu Business Line](https://www.thehindubusinessline.com/markets/how-the-math-works-behind-a-175-trillion-spacex-valuation/article70840928.ece)

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