SpaceX has confirmed plans for a record U.S. initial public offering aimed at raising about $75 billion, with a target valuation between $1.75 trillion and $2 trillion. The flotation is expected around mid-June 2026 on Nasdaq and would rank among the largest IPOs ever completed.
The company intends to sell roughly 555.6 million shares at a target price of $135 each. SpaceX, founded by Elon Musk in 2002, is using the capital raise to support Starship industrialisation and the expansion of Starlink, which remains a key recurring revenue platform.
The scale of the offering could make SpaceX immediately one of the most valuable listed companies worldwide and create material index and ETF rebalancing flows. It also raises governance questions around Musk’s control and would subject the company to public-market disclosure requirements and tighter regulatory scrutiny.