SpaceX and xAI tie Grok subscriptions to record IPO ambitions

On April 4, 2026, crypto-focused outlet MEXC News reported that SpaceX has confidentially filed for a U.S. IPO targeting up to a $1.75 trillion valuation and a raise of as much as $75 billion. Related coverage from Meyka highlighted reports that banks seeking senior roles on the deal are being asked to buy paid subscriptions to xAI’s Grok chatbot as part of their engagement.