SpaceX Said to Cut IPO Valuation Goal
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SpaceX is currently targeting a valuation of at least $1.8 trillion in its initial public offering, according to people familiar with the matter. Bloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations with advisers and investors, the people said, asking not to be identified as the information isn’t public. Matthew Bloxham of Bloomberg Intelligence has more. (Source: Bloomberg)
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Original article published by Bloomberg on May 29, 2026. Analysis and insights provided by AnalystMarkets AI.
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