CoinWorld.net April 3rd News, according to Bloomberg, sources familiar with the matter revealed that SpaceX has raised its target valuation for its initial public offering to over $2 trillion. The company and its advisors are communicating this valuation target to potential investors and preparing for meetings in the coming weeks. A "test water" briefing may include more information supporting this valuation. After acquiring Elon Musk's xAI, the combined company's valuation is $1.25 trillion. At a $2 trillion valuation, SpaceX will surpass all companies in the S&P 500 except NVIDIA, Apple, Alphabet (Google's parent company), Microsoft, and Amazon, and will also surpass two of the other seven U.S. tech giants—Meta and Musk's own Tesla.