SpaceX Files $2 Trillion IPO—The Largest in History with AI Compute at Its Core

SpaceX filed its long-awaited S-1 for the largest IPO in history, targeting a $1.75–$2 trillion valuation with a June 12 Nasdaq debut. The filing reveals a $1.25 billion monthly compute deal with Anthropic and exposes significant financial and operational risks beneath the company's ambitious vision.