SpaceX Eyes Historic $75 Billion IPO, Seeks Valuation of Up to $1.77 Trillion

Space exploration company could pull off the largest public offering ever as Elon Musk pushes ambitious plans for lunar and Mars missions

SpaceX is preparing for what could become the largest initial public offering (IPO) in history, with the Elon Musk-led aerospace company reportedly seeking to raise approximately $75 billion at a valuation of up to $1.77 trillion.

According to reports, the company plans to offer 555.6 million shares at $135 each and list on the Nasdaq stock exchange under the ticker symbol SPCX. If the offering moves forward at the proposed price, SpaceX would instantly become one of the world's most valuable publicly traded companies.

The planned fundraising would comfortably surpass the previous record set by Saudi Aramco, which raised around $26 billion during its 2019 public debut.

Musk Expected to Retain Control

Despite opening its doors to public investors, SpaceX is expected to remain firmly under the control of founder Elon Musk through a dual-class share structure.

Regulatory filings indicate Musk would hold roughly 82.4% of the company's voting power through his ownership of more than 5 billion Class B shares, each carrying 10 votes per share.

Musk currently serves as SpaceX's Chief Executive Officer, Chief Technical Officer and Chairman.

Funding Future Space Ambitions

The company is expected to use a significant portion of the IPO proceeds to accelerate development of its Starship program and support future missions beyond Earth orbit.

SpaceX has repeatedly outlined plans to return humans to the Moon while also pursuing its long-term goal of establishing a permanent settlement on Mars.

Company documents reportedly describe ambitions to build a self-sustaining Martian colony capable of supporting up to one million residents. The vision aligns with Musk's long-standing objective of making humanity a multi-planetary species.

Valuation Draws Mixed Reactions

While investors have shown strong interest in the potential listing, some analysts have questioned whether the proposed valuation accurately reflects the company's current financial position.

Several market observers have suggested that SpaceX's fair value could be substantially lower than its IPO target, citing uncertainty surrounding future business ventures and the significant costs associated with large-scale space exploration projects.

However, supporters argue that the company's leadership in reusable rocket technology, commercial launches and satellite communications justifies a premium valuation.

Investors Brace for Major Market Debut

The anticipated SpaceX listing comes as several high-profile technology companies explore public market opportunities.

Artificial intelligence startup Anthropic has reportedly initiated the IPO process through a confidential filing with U.S. regulators, while market speculation continues to surround a potential future public offering from OpenAI.

If completed as planned, the SpaceX IPO would mark a milestone for both the aerospace industry and global financial markets, potentially becoming the largest public offering ever recorded.

The company is expected to launch its IPO on June 11, with trading likely to begin shortly afterward, setting the stage for one of the most closely watched market debuts of the year.