SpaceX files for potential blockbuster IPO as valuation targets US$1.75 trillion

Details: Manny Pham; Category: Satellite Networks; 02 April 2026; 4937 views

Elon Musk’s SpaceX has reportedly submitted applications for its long-rumoured IPO in the US, a public offering expected to rank among the largest in market history.

According to reports from Bloomberg and the Wall Street Journal, SpaceX could secure a valuation of more than US$1.75 trillion. The company may go public as early as June, pending review of its filing by the US Securities and Exchange Commission (SEC).

Companies can confidentially submit IPO documents to the SEC to receive feedback before formally marketing shares to investors. SpaceX is reportedly seeking to raise around US$50 billion through the offering.

At that valuation, Starlink's parent company would become one of the most valuable companies ever listed and could propel Elon Musk - who also owns Tesla - to become the world’s first trillionaire.

Musk has recently been consolidating his business interests. SpaceX has taken over xAI, his artificial intelligence venture, which competes with firms such as OpenAI, Anthropic and Google’s DeepMind. Several of these companies are also said to be preparing their own IPOs this year.

He has also outlined ambitions to build data centres in space, citing advantages such as abundant space, natural cooling and constant solar energy. Musk argues that such infrastructure could help meet the growing compute and energy demands driven by the rise of AI.