Earlier this week, someone on social media site X told Elon Musk that Google’s DeepMind would win the artificial intelligence (“AI”) race.
Elon’s rocket ship company SpaceX and AI company xAI had just merged in February…
And Musk didn’t flinch. He fired back: “For a few years, then SpaceX will far exceed everyone combined.”
Not everyone. Everyone combined.
And when the prediction market platform Kalshi later quoted Musk as saying SpaceX would “far exceed” everyone in AI, he corrected them too. We believe Kalshi’s response is appropriate…
It’s hard to make a bigger claim. Valuations of the most prominent AI companies are incredibly rich. Just looking at the four main AI models…
- ChatGPT maker OpenAI is valued at more than $800 billion and is looking to raise another $100 billion this year.
- Gemini is owned by Alphabet (GOOGL), which boasts a $3.7 trillion market cap.
- Anthropic’s Claude AI is valued at $380 billion after a $30 billion capital raise last month.
- And Meta Platforms (META), which is reportedly in the early stages of laying off 1 in 5 employees thanks to massive AI spending, comes in at a $1.5 trillion market cap with its Llama AI model.
Those are big, big numbers across the board.
And it should tell you something about the man soon taking a $1.5 trillion rocket company public, as I wrote earlier this month in a detailed breakdown of the SpaceX IPO… including how regular Main Street investors could get “early access.”
Elon Musk Is Playing for Keeps
Musk is building an empire… and playing to win everything.
We suspect the only thing keeping him restrained from even bigger, more specific predictions right now is that he’s currently in the quiet period before what could be the largest initial public offering (“IPO”) in history. That’s how he answered futurist and 2025 Stansberry Research conference speaker Peter Diamandis when he asked Musk about the timeline for orbital data centers at a tech summit on March 11.
And at our conference last October, Diamandis predicted that we would see as much innovation in the next decade as we did in the prior 100 years.
To put that in context, the year 1926 marked the launch of the first liquid-fueled rocket… the first year television images were broadcast over the air… and Henry Ford introduced the 40-hour workweek.
So far in 2026, Elon has launched more than 30 SpaceX rockets… his social media platform X boasts more billions of daily video views… and he’s built an AI that may soon replace millions of white-collar jobs.
That’s what has changed over the past 100 years. Are you ready for the next 10?
And SpaceX sits at the center of it all…
SpaceX and xAI Will Be the Biggest IPO in History
SpaceX is reportedly preparing to go public as early as June 2026, targeting a valuation somewhere between $1.5 trillion and $1.75 trillion.
If SpaceX raises $50 billion at that price, it would crush the previous record. Saudi Aramco’s 2019 debut raised $29 billion. China’s Alibaba (BABA) brought in $25 billion in 2014.
And the promise of SpaceX has grown far beyond its early space-monopoly ambitions.
In February, SpaceX completed an all-stock merger with xAI, Musk’s AI company. The deal valued SpaceX at $1 trillion and xAI at $250 billion, creating a combined entity worth $1.25 trillion.
The companies will remain “operationally separate” for regulatory reasons, with xAI functioning as a subsidiary. But the deal stitches together two very different businesses under one roof: SpaceX’s rocket fleet, Starlink satellite network, and government contracts on one side… and xAI’s Grok chatbot, AI research labs, and data centers on the other.
Musk justified the merger with a blunt argument… Earth isn’t enough for AI’s appetite for electricity. He told employees that space-based computing, powered by solar energy, could eventually provide 100 gigawatts of AI compute capacity per year.
As I covered in a piece about SpaceX’s FCC filing for up to one million satellites, an internal SpaceX memo obtained by the New York Times called the combined company “the most ambitious, vertically-integrated innovation engine on (and off) Earth.”
The memo went on to describe the merger as combining “A.I., rockets, space-based internet, direct-to-mobile device communications and the world’s foremost real-time information and free speech platform.”
That’s SpaceX. That’s Starlink. That’s X, the social media platform. That’s Grok. All under one corporate umbrella… and likely just months away from going public.
There are plenty of questions that remain about whether Elon will be able to realize his ambitions. But he’s playing to win everything.
How to Get Early Access to the SpaceX IPO
There are a few ways that regular Main Street investors can get access to SpaceX before its IPO.
For example, Alphabet owns around a 7.5% stake in SpaceX… worth some $130 billion today. But that’s only a small fraction of Alphabet’s $3.7 trillion market cap.
So even if SpaceX doubles in the coming months, it would only move Alphabet stock by about 3.5%.
You could also buy EchoStar (SATS). It will ultimately own about $11 billion worth of SpaceX after its sale of wireless spectrum licenses goes through final regulatory approval – but it doesn’t have those shares yet. The company’s CEO said as much on its earnings call early this month:
Until the closing, we don’t have actually that SpaceX’s equity. That is not something that we can make any plans on till we actually get the equity. We have a right to it, but we don’t have that equity yet. We’ll see how that plays out.
Out of respect for his paid-up Near Future Report subscribers, I can’t share the details here.
But Jeff has put together a full special report explaining exactly what is going on and step-by-step instructions on how to buy. It’s about as easy as buying any other stock… Go to a specific website, fill out a form, fund your account, and get access to SpaceX pre-IPO shares.
In fact, if you’d rather skip his video interview, you can get access to his Near Future letter and SpaceX pre-IPO report immediately by clicking here to go directly to a subscription order form. (This link does not go to a long video.)
