SpaceX's valuation skyrocketed to $1.75 trillion; after the xAI acquisition, this move is at rocket speed.

BlockBeats reported on June 3 that SpaceX plans to conduct a major IPO next week, with a target valuation of approximately $1.75 trillion, intending to sell less than 5% of its shares, about $17.5k to $8 billion. The offering price range and specific figures may still be adjusted before Wednesday afternoon, and SpaceX will update the prospectus. Previously, after acquiring xAI, its valuation was about $1.25 trillion.