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New York, May 31, 2026, 15:02 EDT SpaceX has trimmed its IPO valuation target to at least $1.8 trillion, pulling back from a previous figure north of $2 trillion, according to Bloomberg News on Friday. The shift comes as the company expands its defense contracts and scrutiny grows over Elon Musk’s level of control. Talks with advisers and investors led to the updated target. (Bloomberg Law News) The price reset is key here, with the sale looming. According to Reuters, SpaceX wants to kick off its roadshow—the investor pitch that happens right before pricing—on June 4. The share sale could

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