Elon Musk's SpaceX is reportedly considering a $1.5 trillion initial public offering (IPO) that would make it one of the largest tech IPOs in history, valuing the rocket company at nearly 800 billion dollars. According to the Financial Times, the IPO is expected to take place in mid-June, coinciding with a planetary alignment and Musk's upcoming 55th birthday on June 28th.
The planned flotation would see SpaceX raise around $50 billion, valuing it at $1.5 trillion, significantly higher than previous estimates of $25 billion at an $800 billion valuation. The company is expected to use the funds to fuel its growing Starlink satellite internet service and expand its rocket deployment business.
SpaceX's CEO and largest shareholder Musk has reportedly been persuaded by the idea of going public due to his company's rapidly growing valuation and success with Starlink, which has attracted significant attention from investors. Analysts have described the planned IPO as a "monster premium" and a bet on the future of space technology, driven by rapid development prospects.
The US equity capital market is expected to see a surge in listings this year, including potential IPOs from artificial intelligence companies Anthropic and OpenAI. The rebound in US equity markets began in 2025 after three years of limited activity, partly due to volatility and geopolitical tensions.
SpaceX's planned IPO has drawn interest from several major banks, including Bank of America, JP Morgan, Goldman Sachs, and Morgan Stanley. However, the company's chief financial officer Bret Johnsen has been holding talks with existing private investors since December to explore a mid-2026 IPO.
The planned IPO would significantly boost Musk's fortune, which is currently around $680 billion. The billionaire owns nearly 42% of SpaceX and over 17% of electric carmaker Tesla, where he serves as CEO.
The planned flotation would see SpaceX raise around $50 billion, valuing it at $1.5 trillion, significantly higher than previous estimates of $25 billion at an $800 billion valuation. The company is expected to use the funds to fuel its growing Starlink satellite internet service and expand its rocket deployment business.
SpaceX's CEO and largest shareholder Musk has reportedly been persuaded by the idea of going public due to his company's rapidly growing valuation and success with Starlink, which has attracted significant attention from investors. Analysts have described the planned IPO as a "monster premium" and a bet on the future of space technology, driven by rapid development prospects.
The US equity capital market is expected to see a surge in listings this year, including potential IPOs from artificial intelligence companies Anthropic and OpenAI. The rebound in US equity markets began in 2025 after three years of limited activity, partly due to volatility and geopolitical tensions.
SpaceX's planned IPO has drawn interest from several major banks, including Bank of America, JP Morgan, Goldman Sachs, and Morgan Stanley. However, the company's chief financial officer Bret Johnsen has been holding talks with existing private investors since December to explore a mid-2026 IPO.
The planned IPO would significantly boost Musk's fortune, which is currently around $680 billion. The billionaire owns nearly 42% of SpaceX and over 17% of electric carmaker Tesla, where he serves as CEO.