SpaceX IPO Targets Record Valuation

Elon Musk's SpaceX is reportedly preparing for an initial public offering, eyeing an unprecedented $1.77 trillion valuation.

This ambitious move is set to be the largest stock-market debut in history, reflecting the company's advancements in AI, Starlink, and space-based computing.

However, some analysts have raised concerns about the high valuation, questioning whether public markets are pricing in future innovations too far in advance.

University endowments are also expected to benefit significantly from this IPO, with some holding substantial stakes in the rocket company.