SpaceX reportedly set to launch IPO valuing firm at $1.75 trillion

Elon Musk's profitable rocket and satellite internet company SpaceX is reportedly preparing to raise $75 billion on public equity markets as its subsidiary xAI burns cash. But first: a pair of US court verdicts against social media giants could signal the sector's Big Tobacco moment, and France's finance minister convenes G7 officials to address the economic fallout from the Iran war. 

Mar 26, 2026 - 15:06
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SpaceX reportedly set to launch IPO valuing firm at $1.75 trillion
Elon Musk's profitable rocket and satellite internet company SpaceX is reportedly preparing to raise $75 billion on public equity markets as its subsidiary xAI burns cash. But first: a pair of US court verdicts against social media giants could signal the sector's Big Tobacco moment, and France's finance minister convenes G7 officials to address the economic fallout from the Iran war. 

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Oganews As a passionate news reporter, I am fueled by an insatiable curiosity and an unwavering commitment to truth. With a keen eye for detail and a relentless pursuit of stories, I strive to deliver timely and accurate information that empowers and engages readers.