SpaceX is considering an initial public offering (IPO) in mid-June 2026, which could raise up to $50 billion and achieve a valuation of approximately $1.5 trillion. If successful, this listing could become the largest in financial history, according to a report by the Financial Times.
Bret Johnsen, SpaceX’s Chief Financial Officer, has been in discussions with existing investors since December 2025 regarding the potential listing. Founder Elon Musk aims to take the company public to secure funding for its ambitious growth plans, which include the development of the Starship rocket and the expansion of its 9,400-strong Starlink satellite network.
The company has also communicated to investors its interest in deploying data centres in space. This initiative is intended to support Musk’s aspirations in artificial intelligence across his broader business portfolio, which includes xAI and the social media platform X.
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Although the IPO figures remain preliminary, SpaceX has reportedly engaged major financial institutions to lead the transaction. These include Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley. If the flotation proceeds, it would far exceed the $29 billion raised by Saudi Aramco in 2019, marking a significant milestone in the financial sector.
Musk’s initial preference for keeping SpaceX private appears to have shifted as the company’s valuation rises and the Starlink satellite-internet service gains traction in the commercial market. Sources familiar with the situation indicated that Musk is targeting a mid-June launch window for the IPO, aligning with a rare planetary alignment of Jupiter and Venus, which will be visible for the first time in over three years. This timing also coincides with Musk’s birthday on June 28.
While Musk first hinted at a potential IPO in a post on X in December 2025, the company also explored a private share sale that same month with an estimated valuation of $800 billion, according to a report from Reuters. As the plans for a public offering take shape, the industry watches closely to see how SpaceX will navigate this monumental step in its history.
With the stakes high and the potential for unprecedented financial success, SpaceX’s IPO could redefine not only the company’s future but also the landscape of public offerings in the technology sector.
