SpaceX set the IPO price and set the company's value at $1.75 trillion before setting the record

SpaceX has announced plans to raise up to $75 billion (€66 billion) in funding at its long-awaited stock market launch; This will make it the largest IPO in history, and its founder Elon Musk will significantly increase ’'s wealth, potentially making him the world's first trillionaire.

The company, officially known as Space Exploration Technologies Corp., said on Wednesday it plans to sell 555.6 million shares at $135 each. The offer will exceed the $26 billion (23 billion euros) Saudi Aramco’ raised in 2019’, and SpaceX’e will value approximately $1.77 trillion (1.56 trillion euros).

Such a valuation would place SpaceX’i among the world's most valuable stock exchange companies. Only a handful of firms are currently worth more, including Nvidia, which has a market cap of around $5.2 trillion (€4.6 trillion).

Musk’'s control continues

According to Forbes calculations, the public offering will also increase the value of Musk’'s stake in the company by an estimated $223 billion (EUR 196 billion). This could increase its net worth on paper to over $1 trillion (880 billion euros), although much of its wealth is tied to company shares.

The updated file also underscores Musk’'s control over the company. Thanks to Class B shares, each of which carries 10 votes, SpaceX CEO ’ will have roughly the same voting power after being listed. %He'll keep his 82.4’.

Despite rising valuation, losses continue

While SpaceX has offered to enter a blockbuster market, it is currently losing billions of dollars a year. Legal records show that the company reported operating losses of $2.6 billion (€2.3 billion) on revenue of $18.7 billion (€16.5 billion) last year, and losses continued during the first months of 2026’.

The public offering outlines ambitious plans for future growth, including financing missions to the Moon and Mars’a, and expansion of the Starlink satellite network. The document also reiterates Musk’'s long-standing goal of establishing a permanent human settlement on “ Mars”, a population of at least one million, which appears as existential threats that could condemn “ to the same fate as the ”dinosaurs.

Artificial intelligence targets are at the heart of growth plans

Artificial intelligence stands out in SpaceX’'s growth strategy. SpaceX said in its IPO application that the value of the global artificial intelligence market could reach $26.5 trillion (23.4 trillion euros). Although some of his plans, including space-based data centers, have not been technologically proven.

Analysts say artificial intelligence will be vital not only for SpaceX, but also for Musk’'s wider business empire, including electric vehicle maker Tesla. Wedbush Securities analyst Dan Ives even suggested a future merger between the two companies.

SpaceX’in, however, is facing scrutiny of artificial intelligence credentials. According to industry analysts, Musk’'s AI startup is struggling to keep up with competitors like xAI, OpenAI, and Anthropic.

IDC analyst Arnal Dayaratna said the main AI product, chatbot Grok’un “ister OpenAI, is less impressive than anything we've seen from other major players in the field, whether it's Anthropic or (Google’'s) Gemini.

Dayaratna said this does not mean that SpaceX’ has no potential as a major AI player; This is in part a move that could help Anthropic and Musk compete for enterprise customers using OpenAI and Anthropic products, thanks in part to a recent computer agreement with SpaceX’e that entitles them to buy the artificial intelligence coding tool Cursor’u for $60 billion (€53 billion) later this year.

SpaceX plans to use the net revenue from the IPO to fund the expansion of infrastructure for artificial intelligence and rocket business, among other investments, and to strengthen the satellite team that powers Starlink Mobile’a.

The company plans to be listed under the Nasdaq’ta “SPCX” symbol and may begin trading by the end of next week.

And SpaceX isn't the only gigantic market start that investors are currently preparing for. Earlier this week, Anthropic filed a confidential applicationTo officially launch its own IPO clock with the U.S. Securities and Exchange Commission.

OpenAI has not yet submitted an applicationThe initial SEC paperwork is ready, but the ChatGPT maker is widely expected to go public.

Ives, “This list represents the first major test for public markets after years of IPO silence, paving the way for SpaceX, AI giants Anthropic and OpenAI’ to follow shortly thereafter.

Finnish smart ring manufacturer Oura plans to raise IPO to over 9 billion Euro’ as wearables market warms

According to various reports, Finnish company Oura, which created the ring-shaped health tracker used by millions of people around the world, secretly submitted draft documents for a proposed public offering to the U.S. Securities and Exchange Commission, ’.

While the number of shares and the expected price range are not disclosed, the company recently held a funding round in the fall of 2025, valuing the business at around $11 billion (9.5 billion euros); This was more than double the $5 billion (€4.3 billion) valuation that ’te achieved in the previous round in 2024.

According to CEO Tom Hale’, more than 5.5 million Oura rings were sold by the end of the third quarter of last year.

At the time, Hale estimated that the company would reach $2 billion (1.7 billion euros) in 2026 compared to its annual revenue of $500 million (430 million euros) just two years ago.

The move to the public offering puts the European ​​bir wearable brand on the Wall Street’in radar at a time when investors' appetite for consumer health technology is returning.

Oura has become a prominent name in the rapidly growing category of smart rings; While Apple is competing with smartwatch giants like Garmin and Samsung, it is building a niche of its own with a different piece of hardware that some consumers find less disruptive.

Over the past two years, the company has aggressively expanded in the areas of software, subscriptions, and AI-powered health analytics. The wearable platform now focuses on long-term health signals such as sleep, preparation, heart rate, stress, and recovery.

Recently, Oura has made further progress in the field of women's health and artificial intelligence-based personal coaching, including tools designed to interpret physiological data and offer personalized wellness advice.

Analysts think that the transition from the device manufacturer to the subscription-based health platform is at the center of the IPO phase, as the company is currently on its way to surpassing 5 million paid members.

European technology champion goes to U.S. markets

The IPO application marks an important moment for one of Europe’'s most prominent health technology success stories.

Founded in ’, Finland and developed around sleep, rest and biometric monitoring research, Oura has grown from a Scandinavian hardware start-up ’ to a global player in the wearable market.

However, for Europe’'s start-up ecosystem, the planned listing of Oura’ is of greater importance.

Although its roots and design philosophy are deeply rooted in Finland’, the company recently transitioned to a U.S.-based parent company called Oura Inc., headquartered in San Francisco’, to access American venture capital while continuing its European operations.

The decision to prepare to be listed on ABD’ instead of Avrupa’ reflects a broader model among fast-growing European ​​ technology firms seeking deeper capital markets and greater visibility among global investors.

It's a FILE. ŌURA launches Oura Ring 4 Ceramic’i in new colors, October 2025

The planned IPO came amid renewed debate over whether or not Europe’ will lose some of its most successful tech companies to U.S. stock markets.

Oura joins the growing list of European-based businesses that have chosen Wall Street’i as their route to public markets due to scale, liquidity and investors' stronger familiarity with consumer technology.

The company's IPO will also be seen as a test of investors' sensitivity to wearable technology after several years of turbulence in the industry.

Unlike smart watches, smart rings continue to be a relatively young category, although interest is growing rapidly.

Oura is widely seen as the segment's category leader, and its rollout to the public can provide a clearer reference to how markets value next-generation healthcare hardware, along with software subscriptions and AI services.