SpaceX Adjusts IPO Valuation Target to $1.8 Trillion Ahead of Historic Debut
Elon Musk’s SpaceX has revised its initial public offering (IPO) valuation target to a minimum of $1.8 trillion, a decrease from the previously targeted $2 trillion. This adjustment follows discussions with financial advisers and potential investors as the aerospace and artificial intelligence company gears up for what could be the largest IPO in history.
The company aims to generate up to $75 billion through the offering. Formal roadshow presentations for investors are slated to commence on June 4, with final pricing aimed for June 11. Despite the lowered valuation threshold, the deal is still poised to be one of the most significant capital-raising events in the history of financial markets.
Financial data in SpaceX’s filing revealed a revenue of $18.7 billion in 2025, a rise from $14 billion in 2024. The company has evolved from a launch provider into a diversified technology group with interests in various sectors:
- Reusable rockets
- Satellite broadband through Starlink
- Artificial intelligence
- Large-scale computing infrastructure
The revised valuation mirrors SpaceX’s effort to align ambition with market reality, while positioning itself among the world’s most valuable companies.
Source: Bloomberg