Elon Musk’s SpaceX is gearing up to go public, with plans to file its initial public offering (IPO) prospectus with regulators in the coming weeks. The rocket and telecom giant is expected to make its debut on the stock market in June, making it one of the largest IPOs in U.S. history.
According to reports, SpaceX could raise more than $75 billion US through its IPO, a significant increase from earlier estimates of $50 billion US. The company, which was last valued at $1.25 trillion US, is still finalizing its valuation and offering size before the official listing.
While the filing may highlight some financial challenges, such as potential losses following the recent $250 billion US acquisition of Musk’s AI firm, xAI, investors are still bullish on SpaceX. Musk’s loyal following of individual investors and the company’s track record of innovation are driving interest in the IPO.
Musk is reportedly advocating for a larger allocation of IPO shares for individual investors. Typically, banks limit retail investors to 10 percent of shares, but SpaceX may exceed this threshold and offer up to 20 percent to smaller investors through platforms like Robinhood.
To maintain stability in the stock price, SpaceX is also considering a unique arrangement for insiders. Instead of the standard six-month lockup period that prevents early selling, the company is working on a custom setup to prevent a massive sell-off of shares post-IPO. This strategy aims to protect the interests of long-term investors who have supported SpaceX over the years.
Overall, SpaceX’s upcoming IPO is generating significant buzz in the financial markets. With Musk at the helm and a reputation for pushing boundaries, the company’s public debut is poised to be a major event in 2026.