TLDR
- SpaceX is considering an IPO in mid-June 2026 at a $1.5 trillion valuation
- The company aims to raise up to $50 billion, which would make it the largest IPO in history
- CFO Bret Johnsen has been talking with private investors since December about the potential listing
- Elon Musk previously wanted to keep SpaceX private but Starlink’s success has changed his thinking
- Four Wall Street banks are being lined up to lead the market debut
SpaceX is weighing a mid-June 2026 initial public offering that would value the company at roughly $1.5 trillion. The rocket and satellite company plans to raise as much as $50 billion in the listing.
I honestly believe SpaceX is going to be the BIGGEST IPO the stock market has ever seen and I don’t think the market and many people fully understands what’s coming yet.
People keep throwing around numbers like $1-1.5 trillion, which already sounds massive (Tesla’s market cap… pic.twitter.com/niqK4J0nlb
— Teslaconomics (@Teslaconomics) January 13, 2026
The fundraising target doubles previous reports about SpaceX’s IPO plans. If completed at this size, it would become the largest IPO in history by deal size.
The current record holder is Saudi Aramco’s $29 billion IPO in 2019. That listing gave Aramco a market value of $1.7 trillion, making it the only company to achieve a valuation over $1 trillion through an IPO.
SpaceX Chief Financial Officer Bret Johnsen has been meeting with existing private investors since December. He has held talks and Zoom calls to discuss the mid-2026 IPO timeline.
Elon Musk has historically preferred keeping SpaceX as a private company. However, people familiar with his thinking say the company’s growing valuation has prompted a change in strategy.
The success of Starlink, SpaceX’s satellite internet service, has also influenced the decision. The service has expanded rapidly and generates steady revenue for the company.
Growing Market Interest
SpaceX is currently lining up four Wall Street banks to lead the offering. The banks will handle the underwriting and marketing of the shares to institutional investors.
The timing coincides with Musk’s 55th birthday in June 2026. Reports suggest he may be planning the IPO to align with this personal milestone and a planetary alignment.
Global financial markets are preparing for several large U.S. listings in 2026. AI companies Anthropic and OpenAI are also laying groundwork for potential IPOs.
Market Conditions
The U.S. equity capital market saw a rebound in activity starting in 2025. This followed three years of limited IPO activity due to market volatility and geopolitical tensions.
Space technology remains a tightly controlled sector with limited public investment opportunities. Investors have shown strong interest in the sector due to rapid development in the industry.
SpaceX operates both rocket launch services and the Starlink satellite network. The company has become a dominant player in commercial space launches.
The $1.5 trillion valuation would place SpaceX among the most valuable public companies in the world. This valuation reflects investor appetite for exposure to the space technology sector.
Johnsen’s discussions with private investors began in mid-December 2024. These talks have focused on gauging interest and preparing for the potential public offering.




