
SpaceX IPO to debut at $1.77T amid valuation debate

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Spacecraft company SpaceX is set to debut its Initial Public Offering (IPO) at a record-breaking $1.77 trillion valuation, raising $75 billion with shares priced at $135. While analysts express concern over the high valuation multiple of nearly 95 times 2025 sales compared to peers, significant AI contracts with Anthropic and Google are expected to add $26 billion in annual revenue, potentially lowering the forward sales multiple to approximately 35.

