SpaceX Lowers IPO Valuation Target To $1.8 Trillion Amid Financial Losses
Elon Musk's SpaceX has reduced its initial public offering (IPO) valuation target to at least $1.8 trillion, down from a previous goal above $2 trillion, following significant losses linked to the February merger with xAI and first-quarter 2026 financial results showing a net loss of $4.28 billion.
Topics: IPO prediction markets retail investing SpaceX valuation change