Nike CEO vents as company struggles to regain footing after disappointing profits SpaceX confidentially filed for an IPO earlier this week, Bloomberg reported. It is said to be targeting a valuation of more than $2 trillion. Previous reports said the famously eccentric Musk was eyeing a mid-June date for the IPO, to coincide with his birthday as well as a rare planetary alignment in which Jupiter and Venus will be in “conjunction” for the first time in three years. Musk turns 55 on June 28. The potential investment would help protect the Saudi PIF’s stake from dilution. AFP via Getty Images Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley are all expected to take leading roles in the IPO. In February, Musk revealed that SpaceX was merging with his artificial intelligence firm xAI, best known as the creator of the Grok chatbot. The billionaire has floated the concept of building AI data centers in space to support his ambitions in the sector. XAI rivals Anthropic and OpenAI are each reportedly planning to go public in the near future. Filed under