Rachel Warren

That would make SpaceX one of the top 10 most valuable companies on the planet if it achieved that valuation.

And this isn't really just based on launching rockets anymore.

It's about this space tech and AI powerhouse that Musk is trying to build.

And a big chunk of that trillion-dollar expected price tag would come from Starlink, which has scaled to millions of subscribers.

It's already reportedly generating massive cash flow.

Another key factor in the business is the new StarCloud initiative.

So Musk's idea is to put AI data centers in orbit using the natural vacuum of space

cooling.

It's a move that would combine satellite infrastructure with AI boom.

And then, of course, the money from the IPO is reportedly earmarked to build out the Starship fleet to make those orbital platforms and eventually trips to Mars a reality.

We will see how far that goes.

SpaceX is reportedly planning to allocate up to 30% of the shares to retail investors, which is an unheard of amount.

Now, one kind of

Important thing I want to note here, trillion-dollar valuations leave very little room for error.

And a lot of that expected price tag is based on future state technology, like orbital data centers, Mars colonization ideas that haven't been fully proven out yet.

If we see, for example, the AI in space narrative hit a snag,

subscriber growth for Starlink slow down.

If the company reaches that premium valuation while public, we could see that compress quickly.

That could have a real impact on those who bought the initial pop.

So, it's important to understand that as we go into an expected IPO.