SpaceX is in the headlines as the company recently acquired xAI in the largest M&A transaction in history. A little-known company called Destiny Tech100 (NYSE:DXYZ) could become a multibagger once this entity goes public.

Shares took off on Tuesday, possibly in response to news Monday that SpaceX acquired xAI in a deal that implied the two Elon Musk companies are worth more.

The SpaceX IPO, if it happens, will be insanely expensive. Here are three ways to buy into Musk's rocket company before then.

8. Elon Musk Brand as a Valuation Driver: The anticipated IPO valuation reflects investor confidence in Elon Musk’s ability to repeatedly disrupt and scale capital-intensive industries. SpaceX’s demonstrated achievements, more notably reusable rockets and Starlink’s rapid scale-up, underpin this belief, even as execution risks remain significant.

By now you've heard the news: SpaceX will conduct an initial public offering of stock in 2026 -- at a valuation of $1.5 trillion. CEO Elon Musk personally owns 42% of the company. Added to the $484 billion Musk is already worth, a $1.5 trillion valuation on SpaceX would make him officially the world's first trillionaire.

Firefly Aerospace Inc. offers a compelling risk-reward at current levels, with the potential to triple over the next 12 months. Click for more on FLY stock.