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SpaceX IPO Would Give Musk Two of World’s Biggest Listed Companies

Company could be valued at $1.5 trillion in 2026 stock offering.

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Elon Musk, one of the world’s most polarizing entrepreneurs, looks set to test just how much of an appetite stock investors have to back his planet-hopping vision.

His SpaceX rocket-launch company is considering an IPO that would value the business at about $1.5 trillion, according to people familiar with the matter. That would make it the world’s ninth-biggest company by value, just ahead of his electric-car maker, Tesla, according to data compiled by Bloomberg.