According to FT, SpaceX is valued at $1.5 trillion for its June 2026 IPO
SpaceX Weighs Mid-June IPO Targeting Up to $50 Billion Raise at $1.5 Trillion Valuation
Elon Musk’s SpaceX is considering a mid-June initial public offering that could raise as much as $50 billion at an estimated valuation of around $1.5 trillion, the Financial Times reported on Wednesday, citing people familiar with the matter. Reuters said it could not independently verify the report.
SpaceX did not immediately respond to a request for comment from Reuters.
If completed, the listing would be the largest IPO in history by deal size, surpassing Saudi Aramco’s $29 billion flotation in 2019. Aramco’s IPO valued the oil giant at about $1.7 trillion, making it the only completed public offering to date with a valuation exceeding $1 trillion.
According to the report, SpaceX chief financial officer Bret Johnsen has been holding talks and Zoom calls with existing private investors since December to assess interest in a potential IPO in mid-2026. The reported fundraising target would be roughly double earlier estimates.
While Musk has long favored keeping SpaceX private, people familiar with his thinking said the company’s rapidly rising valuation and the strong performance of its Starlink satellite internet business have prompted a shift in strategy.
Reuters reported last week that SpaceX is lining up four Wall Street banks to play leading roles in its potential market debut.
Global financial markets are preparing for a wave of large U.S. listings, with SpaceX expected to be among the most prominent. Artificial intelligence companies such as Anthropic and OpenAI are also laying early groundwork for possible IPOs.
U.S. equity capital market activity began to rebound in 2025 after three subdued years, driven in part by easing volatility despite ongoing geopolitical tensions. Although space technology remains a closely held sector, analysts say investor interest is growing rapidly due to its long-term growth potential and technological advances.
