SpaceX Sets Sights on Historic $75B IPO for June 2026
Elon Musk’s SpaceX is gearing up for what could potentially be the largest initial public offering in U.S. history. The company confidentially filed paperwork with the Securities and Exchange Commission on April 1, 2026, setting its sights on a June listing on the Nasdaq.
The aerospace behemoth is pursuing a valuation between $1.75 trillion and $2 trillion, aiming to raise approximately $75 billion. This figure is more than three times larger than any previous U.S. IPO. The company has plans to trade under the ticker symbol SPCX, with the public S-1 filing anticipated between May 18-22, 2026, and the IPO roadshow kicking off the week of June 8.
SpaceX, which joined forces with Musk’s AI company xAI in February, reported a combined 2025 revenue of approximately $18.67 billion, a significant increase from $9.7 billion in 2023. The company operates two primary business segments: launch services through its Falcon 9, Falcon Heavy, and Starship vehicles, and Starlink, its satellite internet constellation.
On May 6, 2026, SpaceX announced a significant partnership with Anthropic to provide AI compute infrastructure through its Colossus supercomputer cluster in Memphis, Tennessee. This move opens AI infrastructure as a potential fourth revenue segment for the company.
Major underwriters for the IPO include Bank of America, Citigroup, Goldman Sachs, JPMorgan, and Morgan Stanley. Market analysts have noted that while excitement is high, stocks with such large initial valuations historically face challenges. The top 10 U.S. IPOs by market value have seen a median decline of 31% during their first year.
Source: CNBC