Musk’s $1.8 trillion SpaceX IPO could be ‘highly undesirable’ for some
Key takeaways
- Space X’s IPO could challenge pension funds as concerns grow over its valuation and governance structure under Musk.
- SpaceX is valued at nearly $1.8 trillion, or $135 per share, surpassing Saudi Aramco, which debuted in 2019 at $1.7 trillion at what had so far been the biggest IPO.
- SpaceX’s IPO is generating buzz among retail investors.
Why this matters: an international story with cross-border implications worth tracking.
Space X’s IPO could challenge pension funds as concerns grow over its valuation and governance structure under Musk.
xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo Space X will go public on Friday as the largest IPO in history [File: Eric Gay/AP]By Andy Hirschfeld Published On 11 Jun 202611 Jun 2026Space X is expected to debut on the United States’ public markets on Friday in what will be the largest initial public offering (IPOs).
Artificial intelligence (AI) giants Open AI and Anthropic are also widely expected to go public soon, and thanks to a new rule change by tech stock exchange Nasdaq, individual investors could own stock of these companies when they go public in as soon as 15 business days following its first trading day.