SpaceX Is Ready For IPO Liftoff

April 2, 2026

AI Summary

5 min read

SpaceX has confidentially filed for an IPO, signaling preparations for a potential June listing that could value the company at $1.75 trillion and raise up to $75 billion, dwarfing prior records. The episode covers this alongside AI-driven job cuts at Oracle and in tech broadly, new AI models and tools from Microsoft, Alibaba, and Cloudflare, plus an example of a near-billion-dollar firm run by just two people using AI.

SpaceX IPO Filing and Setup

SpaceX filed confidentially with regulators, allowing feedback and revisions before public disclosure. Sources indicate a June listing, targeting a $1.75 trillion valuation—following its acquisition of Elon Musk's xAI, which valued the combined entity at $1.25 trillion. The IPO could raise $75 billion, exceeding Saudi Aramco's 2019 record of $29 billion. Revenue primarily comes from rocket launches and Starlink satellites, projected near $20 billion in 2026, while xAI contributes under $1 billion.

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What you'll learn

1 (00:04) **SpaceX Confidential IPO Filing** - Reports of SpaceX filing for IPO targeting June listing at $1.75T valuation, raising up to $75B
2 (03:15) **Oracle Layoffs in India** - Cuts ~10K jobs (20% of India workforce) as part of global 30K restructuring
3 (05:00) **Broader Tech Layoffs Tied to AI** - Tech sector announces 18.7K cuts in March, up 24%, totaling 52K YTD
4 (07:00) **Cloudflare Launches MDAS CMS** - Open-source TypeScript CMS on Astro as secure WordPress alternative
5 (10:20) **Alibaba Releases Qwen 3.6 Plus** - New closed-source agentic AI model focused on coding, after recent multimodal upgrades
6 (12:23) **Microsoft Launches In-House AI Models** - Debuts My Transcribe 1, My Voice 1, My Image 2 via Foundry/Playground
7 (15:54) **MedVee: $1.8B Company with 2 Employees** - Telehealth startup built in 2 months using AI tools hits massive revenue

+ Full timestamped outline available in the app

Show Notes

SpaceX is officially kicking off the year of the biggest IPOs ever. More job cuts and more signs AI is the cause, in one way or another. Microsoft makes its first public moves to divorce itself from OpenAI when it comes to AI models. And a billion-dollar company with only two employees? You guessed it: AI is why.

SpaceX Has Filed Confidentially for IPO Ahead of AI Rivals (Bloomberg)
Larry Ellison’s Oracle cuts thousands of jobs after AI push (The Times of London)
US Job-Cut Announcements in Tech Keep Rising With AI Adoption (Bloomberg)
Cloudflare launches EmDash — the 'spiritual successor' that wants to take on WordPress (Tech Radar)
Alibaba Unveils Third Closed-Source AI Model in Focus on Profit (Bloomberg)
Microsoft launches 3 new AI models in direct shot at OpenAI and Google (VentureBeat)

Weekend Longreads Suggestions:

How A.I. Helped One Man (and His Brother) Build a $1.8 Billion Company (NYTimes)
AI Perfected Chess. Humans Made It Unpredictable Again (Bloomberg)

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