SpaceX gears up for record IPO, with valuation estimates reaching trillions

SpaceX is reportedly nearing a historic stock market debut with an anticipated valuation between $1.75 trillion and $1.8 trillion, potentially making it the largest Initial Public Offering (IPO) in history. The company, led by Elon Musk, formally submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) on May 20, 2026, with a target listing date on the Nasdaq exchange as early as June 12, 2026, under the ticker symbol SPCX. This move marks a significant shift for the aerospace company, which also recently merged with Musk's artificial intelligence firm, xAI.

The upcoming IPO is projected to raise substantial capital, with reports indicating a target of up to $75 billion. This offering aims to provide broader investor access to SpaceX's diverse operations, which include its pioneering reusable rocket technology, the global Starlink satellite internet network, and its expanding artificial intelligence initiatives through xAI. Elon Musk is expected to maintain significant voting power within the company post-IPO.