The Valley Current®: Will SpaceX Be the Biggest IPO in History?

*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id= "request-WEB:6e2de9f6-02fb-4aff-ba78-975b7387bf13-3" data-testid= "conversation-turn-8" data-scroll-anchor="false" data-turn= "assistant"> SpaceX isn't just going public. It's asking global markets to fund a future that feels closer to science fiction than finance. Project Apex targets a $75 billion IPO at a $1.75 trillion valuation, a move that could reset Wall Street's ceiling. But the real story isn't the size, it's the structure: investors are buying a company where a cash-rich satellite network funds an aggressive AI buildout, a $60 billion acquisition is engineered to sidestep the usual rules, and founder control remains firmly intact. Add in sidelined banks, a major retail push, and deep ties to classified defense programs, and this offering starts to look less like a traditional IPO and more like a high-stakes experiment in how far markets will go to finance the next frontier. Jack Russo Managing Partner [email protected] www.computerlaw.com https://www.linkedin.com/in/jackrusso "Every Entrepreneur Imagines a Better World"®️