SpaceX Files for IPO, Targeting Historic Valuation

SpaceX has taken a significant step toward becoming a publicly traded company by confidentially filing preliminary paperwork with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) ^[1][2]. The aerospace company, founded by Elon Musk, is targeting a valuation between $1.5 trillion and $1.75 trillion, according to multiple reports ^[2][3].

The IPO is anticipated to take place in mid-2026, with June frequently cited as the expected month for the public debut ^[4]. If successful, the offering could raise up to $75 billion, potentially making it the largest public offering in history ^[1].

In a strategic move ahead of the IPO, SpaceX acquired xAI, an artificial intelligence company also founded by Musk, in February 2026. The merger of the two companies resulted in a combined valuation of approximately $1.25 trillion ^[5].

What Is Known

SpaceX’s confidential filing with the SEC marks a crucial step toward its IPO, with the company aiming for a valuation in the range of $1.5 trillion to $1.75 trillion ^[1][2]. The potential to raise up to $75 billion would set a new record for public offerings ^[1]. The merger with xAI is part of SpaceX’s strategy to integrate AI capabilities into its operations ^[5].

What Remains Unclear

While the valuation range is reported by multiple sources, some unconfirmed reports suggest it could reach as high as $2 trillion ^[2]. Additionally, there are unverified claims that SpaceX may reserve a portion of the IPO for retail investors, though these reports lack corroboration from independent sources ^[6].