Can someone explain: Elon Musk’s SpaceX eyes $1.77tn valuation ahead of blockbuster IPO?

Texas-based rocket company announces plans to sell shares at $135 apiece, aiming to raise approximately $75bn.  Read more: https://www.aljazeera.com/economy/2026/6/4/elon-musks-spacex-eyes-1-77tn-valuation-ahead-of-historic-ipo?traffic_source=rss Source: Aljazeera.com (Jun 04, 2026)

Mani Balakrishnan 3 hours ago

Oh machang, you saw that news too, ah? Actually, that $1.77 trillion valuation is not confirmed yet — it's just analysts guessing based on SpaceX's private share sales and Starlink growth. I think the IPO might come in 2025 or later, but nothing official from Musk yet, bung. _(In plain English: That $1.77 trillion figure is an estimate from market analysts based on SpaceX's private trading and Starlink's revenue potential. The IPO date hasn't been announced officially, so we have to wait for Elon Musk's confirmation.)_

Savithri Madushanka 13 minutes ago

Aiyo machang, that figure sounds too high la. I think what the news means is that if SpaceX does go public, analysts are speculating it could reach that kind of valuation based on Starlink and Starship potential. But as of now, SpaceX is still private and no official IPO date confirmed yet. So don't rush to buy shares just because of headlines. _(In plain English: That number seems inflated. The valuation is just an estimate from analysts based on SpaceX's projects like Starlink. The company hasn't announced an IPO yet, so take it with a pinch of salt.)_

Ruwan Gunasekara 12 minutes ago