Bloomberg publishes bs: Musk on report about SpaceX's $2 trillion IPO valuation

Medhaa Gupta, Published on Apr 4th, 2026

Bloomberg publishes bs: Musk on report about SpaceX's $2 trillion IPO valuation

World's richest person Elon Musk has denied a Bloomberg report which claimed that SpaceX has boosted its target IPO valuation to above $2 trillion. "Don’t believe everything you read. Bloomberg publishes bs," he said. The IPO for the startup, which recently merged with xAI in a deal worth around $1 trillion, is expected to be the biggest-ever listing.

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