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SpaceX is preparing for a $1.5 trillion IPO later this year, following a merger with Musk's xAI business, valuing the combined entity at $1.25 trillion. Critics suggest the valuation may be unrealistic, as SpaceX has not yet turned a profit.

However, SpaceX's development of low-cost rockets and its Starlink satellite internet service showcase its potential in the growing space economy. The company is also exploring cost-effective data center solutions in space. Similar to Tesla's rise post-IPO, SpaceX's value could significantly increase despite current skepticism.