Back

SpaceX Files for Record $75 Billion IPO at $1.75 Trillion Valuation

lite News Desk 2 min read

At a glance

  • SpaceX submitted a confidential IPO filing to the SEC on April 1, 2026
  • The company seeks a $1.75 trillion valuation and aims to raise $75 billion
  • Shareholders were notified of a 5-for-1 stock split ahead of the IPO

SpaceX has initiated the process for a public listing by submitting a confidential draft registration statement to the U.S. Securities and Exchange Commission on April 1, 2026. The company is seeking to raise up to $75 billion and is targeting a valuation of about $1.75 trillion.

If the offering is completed, it would surpass the previous record set by Saudi Aramco’s $29 billion IPO in 2019. SpaceX is planning to list its shares on the Nasdaq, with reports indicating a potential debut as early as June 12, 2026, under the ticker symbol “SPCX.”.

In advance of the planned public offering, SpaceX shareholders received notice of a 5-for-1 stock split. This adjustment changed the fair market value per share from approximately $526.59 to about $105.32.

Elon Musk stated on May 18, 2026, that preparations for the IPO need to begin soon. He also said he will not sell any of his SpaceX shares ahead of the planned listing.

What the numbers show

  • SpaceX’s confidential IPO filing seeks to raise up to $75 billion
  • The targeted valuation for the IPO is approximately $1.75 trillion
  • Starlink generated about $16 billion in revenue and $8 billion in profit in 2025

SpaceX’s Starlink division reported around 9.2 million subscribers in 2025, with services offered in 150 countries. The division generated approximately $16 billion in revenue and $8 billion in profit for that year.

Earlier in 2026, SpaceX completed a merger with xAI, which valued the combined entity at about $1.25 trillion. This merger occurred in February and contributed to the company’s current valuation ahead of the IPO process.

According to reports, SpaceX could begin trading on the Nasdaq as early as late June 2026. The company is targeting a debut date of June 12, 2026, for its initial public offering.

SpaceX’s confidential filing and related corporate actions mark a major step toward what could become the largest IPO in history if completed as planned. The company’s recent financial performance and strategic moves have set the stage for its entry into public markets.

* This article is based on publicly available information at the time of writing.

Sources and further reading

Note: This section is not provided in the feeds.

Related Articles

  1. A rally in Sacramento on May 4, 2026, urged support for SB 895, a proposed $23 billion bond for science and health research, according to organizers.

  2. In a filing, SpaceX announced an insider share sale valuing the company at $800 billion. An IPO is planned for 2026, targeting $1.5 trillion.

  3. Utility customers in PJM states paid $4.4 billion for grid upgrades in 2024, with data centers covering only 5% of costs, according to reports.

  4. Financial fraud resulted in losses of up to $81.5 billion for older Americans in 2024, according to the FTC. Reported losses reached $2.4 billion.

  5. A licensing agreement allows access to innovative oral drug delivery technology valued at $2.1 billion, according to company statements.

More on Science

  1. Asteroid Apophis will pass Earth on April 13, 2029, at 31,600 km above the surface, with no impact risk for at least 100 years, according to NASA.

  2. Polycystic ovary syndrome has been renamed polyendocrine metabolic ovarian syndrome, reflecting its broader characteristics, according to The Lancet.

  3. Field trials in Illinois and Iowa assess tillage and cover crop practices. Researchers study their effects on soybean yields and soil health.