SpaceX Lowers IPO Valuation Target to $1.8T as AI Peers Surge

Key Facts

In a move reflecting shifting expectations for mega-cap public debuts, SpaceX has reportedly adjusted its targets for its highly anticipated initial public offering. The company is now aiming for a valuation of at least $1.8 trillion, marking a decrease from the previous target of over $2 trillion reported in April. Simultaneously, the AI sector saw a significant shift as Anthropic closed a funding round at a $965 billion valuation, surpassing OpenAI for the first time.

This valuation adjustment for SpaceX comes as major tech players experience varied momentum; Dell recently issued strong guidance that propelled its shares upward, highlighting sustained capital flows into AI infrastructure. Per market data, Anthropic’s near-trillion-dollar valuation places it in direct competition with industry leaders, while SpaceX maintains its dominance in the space sector despite the lowered pricing ceiling for its public entry.

Monitoring current levels, DELL shares remained resilient as of the May 28, 2026 close, supported by investor optimism regarding server demand. Traders are now looking toward upcoming catalysts, including the Core PCE Price Index which printed at 0.2% on May 28, 2026, as these macroeconomic indicators will likely dictate the risk appetite for upcoming large-scale tech IPOs.