SpaceX Plans $50 Billion IPO Targeting $1.5 Trillion

SpaceX is expected to go public this year, planning to raise as much as $50 billion for about a $1.5 trillion valuation, the Financial Times reports. Retail investors are pursuing exposure through funds and ETFs such as Baron First Principles and Entrepreneur Private-Public Crossover (XOVR), which hold SpaceX via secondary markets and SPVs, raising liquidity and valuation transparency questions for regulators and investors.