SpaceX IPO in June Could Raise $75B for Elon Musk

SpaceX, the space company founded by Elon Musk, is set to file for an initial public offering (IPO) in June, aiming to raise an unprecedented $75 billion, according to a report by tech site The Information.

The IPO prospectus is expected to be submitted to security regulators this week or next. Analysts had previously anticipated Musk might raise $30–50 billion, but investor interest has pushed expectations higher.

SpaceX, which is also developing spacecraft for Mars missions, was valued at $1.25 trillion in early February when it merged with Musk’s AI company, xAI.

If successful, this IPO would surpass the largest public offering on record. In 2019, Saudi Aramco raised $25.6 billion.

Owned by Musk and several investment funds and tech companies, including Alphabet (Google’s parent), SpaceX dominates the space launch market with its reusable rockets. Analysts note that taking SpaceX public will require more financial transparency and may increase pressure on the company to generate profits.

No official comment has been made by SpaceX regarding the filing.