SpaceX weighs June 2026 IPO at $1.5 trillion valuation

SpaceX is considering a mid-June 2026 initial public offering that could raise up to $50 billion, valuing the company at roughly $1.5 trillion, according to the Financial Times. If it goes ahead, the listing would be the largest IPO ever, surpassing Saudi Aramco’s $29 billion deal in 2019, though Reuters has not been able to independently confirm the report and SpaceX declined to comment. The company’s CFO, Bret Johnsen, has reportedly been in discussions with private investors since December to gauge interest in a potential listing. While Elon Musk has historically preferred to keep SpaceX private, people familiar with his thinking say the company’s rapidly rising valuation and the strong performance of its Starlink satellite internet business are driving a possible change in strategy. SpaceX is also said to be lining up four Wall Street banks to lead the IPO. The potential debut comes as U.S. equity capital markets rebound after several slow years, with investors increasingly drawn to space and high-growth technology sectors amid expectations of other mega listings.