SpaceX is planning an initial public offering to raise roughly $75 billion [1] and target a market valuation of about $1.75 trillion [2].
This move marks a pivotal transition for the private aerospace leader as it seeks to capitalize on high demand for tech stocks and secure capital for growth. A successful offering of this magnitude would establish one of the largest IPOs in history.
The offering is slated for the week following June 2, 2026 [3]. According to reports, the company plans to price the IPO at $135 per share [4], which would involve the sale of approximately 555.6 million shares [4].
Two people familiar with the matter said SpaceX is targeting a valuation of $1.75 trillion, including a greenshoe option [2]. While some reports have suggested a $2 trillion ambition, Reuters cited the $1.75 trillion figure as the primary target [2].
Financial institutions stand to gain significantly from the transaction. The Wall Street Journal reporting team said banks are in line to make hundreds of millions of dollars from the offering [5].
The IPO comes amid a complex financial backdrop for the company. In the first quarter of 2026, SpaceX reported revenue of $4.69 billion [6]. However, the company also recorded an operating loss of nearly $2 billion during that same period [6].
Elon Musk has led the company through a period of rapid expansion in satellite deployment and rocket reuse. The transition to a public company will subject the firm to new regulatory requirements and public financial scrutiny, a shift from its long tenure as a privately held entity.
“SpaceX is targeting a valuation of $1.75 trillion, including a greenshoe option.”
The scale of this IPO reflects the market's immense confidence in SpaceX's dominance of the launch sector and the potential of its Starlink satellite constellation. However, the contrast between a trillion-dollar valuation and a $2 billion quarterly operating loss highlights a classic growth-stage tech trajectory: prioritizing infrastructure and market capture over immediate profitability.
