# SpaceX's Market Value Reaches Record Highs: What to Expect from the IPO?
Elon Musk's company, SpaceX, is preparing to go public on the stock exchange. The company aims to increase its market value to $1.77 trillion, which would make it one of the largest public companies in the United States. This step will once again test the so-called "Musk premium" — investors' willingness to pay significantly more for shares in a company led by Elon Musk.
Despite high expectations, some experts are cautious. SpaceX's financial indicators are quite risky: in 2025, the company reported a net loss of nearly $5 billion. Additionally, its requested valuation is approximately 95 times its annual revenue, which is much higher than Tesla's metrics. According to Morningstar analysts' assessment, the company's true value is $780 billion, which is half the price set by Musk. Questions are also raised by such new and yet unproven projects as cosmic data centers and the artificial intelligence chatbot Grok, which still lags behind competitors.
At the same time, investors are increasingly discussing a possible future merger of Tesla and SpaceX. Many believe that Tesla's production capacity could prove decisive for space missions. Interestingly, following the public announcement of SpaceX's plans, Tesla's share price increased by 10%.
Source: Investing.com
