SpaceX targets more than $2 trillion valuation in IPO: Report

Elon ‌Musk's SpaceX is aiming for an IPO valuation of above $2 trillion, Bloomberg News reported. This could ​make it the largest stock market listing on record. The startup reportedly submitted confidential IPO paperwork with the ​US securities commission recently and is targeting a market launch this year. SpaceX's acquisition of Musk's xAI valued the combined company at $1.25 trillion.