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

*aerospace · news · 2026-04-08 · Bnn Bloomberg*

## Key points

- SpaceX is targeting a $1.75 trillion valuation in its upcoming IPO, surpassing Meta and Berkshire Hathaway.
- Starlink now has over 10 million subscribers and accounts for 50% to 80% of SpaceX’s revenue.
- SpaceX completed 165 Falcon 9 launches in 2025, setting a new annual record for launches.
- At the $1.75 trillion valuation, SpaceX’s price-to-revenue and price-to-EBITDA multiples are 56 and 109, respectively.
- SpaceX merged with xAI in February, valuing xAI at $250 billion and SpaceX at $1 trillion.

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

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/business/2026/04/08/how-the-math-works-on-a-us175-trillion-spacex-valuation/)

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