SpaceX Sets Stage for Historic $1.75 Trillion IPO
Elon Musk’s SpaceX has confidentially filed for an initial public offering with the Securities and Exchange Commission, setting the stage for what could be the largest IPO in history. The filing, reported on April 1, 2026, puts the company on track for a June listing that could raise up to $75 billion and target a valuation exceeding $1.75 trillion.
The massive valuation reflects SpaceX’s recent merger with Musk’s artificial intelligence company xAI, creating a combined entity valued at over $1 trillion. The company’s Starlink satellite internet service has reached more than 10 million subscribers globally and is generating substantial recurring revenue, while SpaceX continues to dominate the commercial space launch market with its Falcon 9 and developing Starship rockets.
The confidential filing allows SpaceX to submit financials to the SEC for regulatory review before public disclosure. The company must release a public filing at least 15 days before its IPO roadshow. If successful, the offering would dwarf the current record held by China’s Alibaba, which raised $22 billion in 2014.
- Major investment banks including:
- Morgan Stanley
- Goldman Sachs
- Bank of America
- JPMorgan Chase
- Citigroup
have been engaged as lead underwriters for the historic offering.
Source: CNBC