# Space Exploration Technologies, or SpaceX, plans to raise $75 billion with a stock market flotation this summer.

*web3 · news · 2026-05-03 · The Sunday Times*

## Key points

- SpaceX plans to raise $75 billion via IPO this summer at a $1.75 trillion valuation.
- Scottish Mortgage and Edinburgh Worldwide would see a 40% uplift if SpaceX hits its IPO target.
- The Bank of England has expressed rare caution about current asset price highs and possible adjustments.
- Seraphim Space Investment Trust is issuing 'C' shares to raise up to £350 million, doubling its market cap.

**Companies:** Space Exploration Technologies, Tesla, Seraphim Space Investment Trust, HSBC, AstraZeneca, Shell, Unilever, Rolls-Royce, British American Tobacco, Rio Tinto
**Countries:** United Kingdom, United States, Germany, Poland, Baltic States

[Read the full story on The Sunday Times](https://www.thetimes.com/money/saving-investing/article/why-musk-might-be-about-to-send-these-trusts-to-the-moon-zwkzp8htg)

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