SpaceX’s IPO could be one of the largest in history, as the aerospace company aims for a $1.75 trillion valuation ahead of the IPO later in 2026.
According to Bloomberg and Reuters reports, the Texas-based company will submit a draft registration to the US Securities and Exchange Commission next month. This conditional filing would allow SpaceX to work through the various regulatory processes ahead of the planned June IPO.
This $1.75 trillion valuation is a dramatic increase from the company’s $1.25 trillion estimated valuation after the purchase of xAI earlier this month. If the valuation holds, this will make SpaceX one of the most valuable public companies, trailing only Nvidia, Apple, Microsoft, Alphabet, and Amazon.
It is expected that the IPO could raise as much as $50 billion, and SpaceX is currently lining up financial institutions for senior roles in the deal. According to insiders, SpaceX has spoken with the Bank of America, JPMorgan, Morgan Stanley, and Goldman Sachs.
As reported earlier, to support the IPO, SpaceX will most likely move forward with a two-tier IPO to ensure that founders and insiders remain in control of the company’s direction. This two-tier IPO ensures that founders, insiders and board members have 10 to 20 votes per share, rather than the standard one-share-one-vote setup.
