SpaceX targets $1.77 trillion valuation ahead of planned IPO, reports Al Jazeera

SpaceX, the aerospace firm founded by Elon Musk, is preparing for an initial public offering. Al Jazeera reports the company is targeting a valuation of $1.77 trillion. The proposed figure would place the IPO among the largest ever. The valuation expectation comes as the firm readies to go public. Investors are watching the move closely given Musk’s high profile. A blockbuster IPO could reshape the market for space‑related companies. The exact timing of the offering has not been disclosed. Market observers will gauge demand once details emerge.