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Elon Musk’s SpaceX IPO Is Really the Public Debut of His Lifelong ‘X’ Ambition

The SpaceX listing brings Musk’s oldest fixation full circle, turning the X.com dream into a $1.75 trillion public-market machine.

Elon Musk’s SpaceX is set to go public next month. While the hype around it has lifted other space-related stocks, this listing represents far more than a rocket company debuting on the public market. Ahead of its IPO filing, SpaceX acquired Musk’s A.I. startup, xAI, which itself had already absorbed X, the social media platform formerly known as Twitter. In recent years, SpaceX has also expanded beyond rocket manufacturing into telecommunications through its Starlink division. The company coming to Nasdaq is one that wraps rocket and satellite production, internet services, A.I. research, data centers and social media all under a single conglomerate valued at $1.75 trillion.

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