Keep pulling the thread on Bailey Lipschultz.
Elon Musk's SpaceX is planning to go public with a target valuation of $1.75 trillion.
The planned SpaceX IPO is set to become the biggest in history.
Earlier this year, SpaceX merged with Elon Musk's company XAI, which owns X (formerly Twitter).
Some Wall Street analysts predict that SpaceX could eventually generate trillions of dollars in annual sales.
SpaceX is seeking to raise $75 billion in its Initial Public Offering.
A 2% increase from the expected IPO share price of $135 would be sufficient to make Elon Musk the world's first trillionaire.
Analysts at Evercore ISI and Goldman Sachs project that SpaceX's AI division revenues will grow by 100 times over the next five years.
Evercore ISI analysts predict SpaceX will generate more than $1 trillion in revenue by 2031.
Analysts at Evercore ISI and Goldman Sachs project SpaceX will spend more than $360 billion in the year 2030.
Bloomberg calculated that SpaceX's price-to-sales ratio is approximately 100 times for the 12 months ending March 31st.
OpenAI has confidentially filed for an Initial Public Offering.
Anthropic is currently working on an Initial Public Offering.