SpaceX has filed for an IPO targeting a valuation between $1.75 trillion and $2 trillion. The company is seeking to raise approximately $75 billion in the process.
The numbers behind the hype
Prediction markets have assigned a greater than 98% probability that SpaceX’s IPO will close with a market cap above $1 trillion.
On-chain derivatives markets have reached implied valuations as high as $2.5 trillion as anticipation builds. SpaceX has become a key player in on-chain synthetic equity markets, with significant engagement from traders positioning ahead of the public listing.
The primary engine behind these valuations is Starlink, SpaceX’s satellite broadband business. Starlink has rapidly scaled into a global internet service provider beaming connectivity from low-Earth orbit, serving customers in remote areas, on aircraft, and aboard maritime vessels.
