SpaceX Lowers IPO Valuation Target to $1.8 Trillion

*SpaceX has reduced its IPO valuation target to at least $1.8 trillion, down from an earlier goal above $2 trillion.*

SpaceX is now aiming for a valuation of at least $1.8 trillion in its initial public offering. The shift follows a Bloomberg report from April that placed the prior target above $2 trillion.

The updated figure comes from sources familiar with the planning. No additional details on timing, share structure, or investor outreach were provided in the report.

Why it matters

A lower target valuation reduces the headline number the company must defend with banks and early investors. It also signals that market conditions or internal forecasts have changed since April. For anyone tracking private-market pricing, the move sets a new reference point rather than an escalation.

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Sources:

• Bloomberg Technology

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