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Elon Musk’s SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the matter, the aerospace and artificial intelligence company could raise up to $75 billion, potentially making it the largest IPO ever recorded.
The latest valuation target is lower than earlier expectations. Previous reports indicated that SpaceX had been seeking a valuation exceeding $2 trillion. However, discussions with financial advisers and potential investors led to a revised figure of approximately $1.8 trillion. Despite the adjustment, the proposed valuation would still place SpaceX among the world’s most valuable companies.
Investor roadshows are expected to begin as early as June 4, 2026, with pricing for the IPO potentially taking place by June 11. Market analysts are closely watching the offering, as strong investor demand could influence both the final valuation and the total amount raised during the public debut.
SpaceX has continued to demonstrate significant revenue growth. Company filings referenced in the report show that revenue reached $18.7 billion in 2025, compared with $14 billion in 2024. The increase reflects expanding operations across its space technology, satellite communications, and artificial intelligence initiatives.
Despite higher revenue, SpaceX reported a net loss of $4.94 billion in 2025, a sharp reversal from the $791 million profit recorded in 2024. The loss was largely attributed to increased spending on AI development, infrastructure expansion, and long-term growth projects designed to strengthen the company’s competitive position.
The upcoming SpaceX IPO is expected to attract substantial interest from institutional and retail investors worldwide. As one of Elon Musk’s most ambitious ventures, the company remains a dominant force in the aerospace industry while expanding its footprint in emerging technology sectors. If successful, the SpaceX public offering could redefine global IPO markets and mark a significant milestone in corporate finance history.
