SpaceX Targets Historic $1.5 Trillion IPO in June 2026
SpaceX is preparing for what could become the largest initial public offering in history, eyeing a mid-June 2026 debut at a staggering $1.5 trillion valuation. The aerospace giant aims to raise up to $50 billion, dwarfing Saudi Aramco's $29 billion record set in 2019.
Chief Financial Officer Bret Johnsen has been in discussions with private investors since December, signaling a shift in Elon Musk's longstanding preference to keep SpaceX private. The success of Starlink appears to have altered the calculus, with four major Wall Street banks now being courted to lead the landmark offering.
Market observers anticipate unprecedented investor interest, though some question whether the broader market fully appreciates the scale of SpaceX's ambitions. The proposed valuation WOULD place SpaceX in rarefied territory, approaching Tesla's current market capitalization while setting new benchmarks for IPO fundraising.