SpaceX plans $75B IPO, set to surpass Saudi Aramco’s record
Elon Musk's rocket company has confidentially filed with the SEC, targeting a $1.75 trillion valuation that would make it the largest public listing in history.
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Add us on Google by Editorial Team May. 16, 2026SpaceX has quietly filed a draft registration statement with the US Securities and Exchange Commission, setting the stage for what would be the largest initial public offering ever. The company is targeting roughly $75 billion in proceeds, a figure that would dwarf Saudi Aramco’s $29 billion IPO in 2019, the current record holder.
The anticipated valuation at listing: approximately $1.75 trillion.
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The filing was made confidentially, with a potential listing being eyed for around June 2026, though that timeline is contingent on market conditions.
Bank of America, Citigroup, Goldman Sachs, JPMorgan, and Morgan Stanley are all reportedly lined up to manage the offering.
SpaceX may allocate up to 30% of IPO shares to individual investors, significantly above the typical retail allocation for major IPOs.
If it hits that $1.75 trillion valuation, SpaceX would become the first company in history to list publicly at a valuation exceeding $1 trillion.
Where the money goes
The proceeds from the offering are earmarked for Starship’s launch cadence, Starlink’s global expansion, and infrastructure development for a lunar base. NASA has already contracted SpaceX to build the Human Landing System for the Artemis program.
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