He noted that SpaceX was pricing itself compared to its sales at a ratio that is higher than any other major company included in what investors refer to as the "Mag 7" - Alphabet,

SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.

SpaceX CEO Elon Musk owns a stake in his reusable rocket maker that's worth $866.5 billion on paper, according to the company's updated IPO prospectus published on Wednesday. SpaceX said it plans to price its upcoming IPO at $135 a share for a valuation of about $1.77 trillion.

From next week individual investors can take a stake in Musk's rockets-to-AI company.

Wall Street has speculated whether the world’s richest person will consider a tie-up for his two most valuable companies.

Tesla stock fell 5% on Monday after SpaceX disclosed it may issue significant equity in future transactions. ・Tesla influencer AleXandra Merz argued a merger-of-equals could boost Tesla's implied valuation by about $450 billion.

Tesla (NASDAQ:TSLA | TSLA Price Prediction) at $423.70 looks expensive, because the price embeds AI and robotics promises the business has not yet delivered. With the stock back above $400 after a 7.95% one-month rebound,

Musk’s satellite and rocket giant is targeting going public at a $1.75 trillion valuation, multiple outlets reported Wednesday. That would make Musk the first member of the four-comma-club.

SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world’s first trillionaire.

Prediction market traders currently see the highest odds for a SpaceX debut valuation between $2 trillion and $2.5 trillion.