May 29, 2026

SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week

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Martin Martz / Unsplash

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg. The target was adjusted after consultations with advisers and inv...