SpaceX Targets $1.75 Trillion Valuation in Landmark IPO Preparation

SpaceX is reportedly preparing for an initial public offering (IPO) with a target valuation of $1.75 trillion. The company aims to raise approximately $75 billion through the offering. Key dates include a planned roadshow during the week of June 8, a prospectus release in late May, and a major investor event on June 11 for 1,500 retail investors.
A notable aspect of the IPO is the significant focus on retail investors. SpaceX plans to reserve an unusually large portion of shares, potentially up to 30%, for individual investors, a higher allocation than typically seen in IPOs. Morgan Stanley, Bank of America, Citigroup, JPMorgan, and Goldman Sachs are reportedly leading the offering as bookrunners.
This target valuation follows recent private market activities. SpaceX was valued at $1.25 trillion earlier in 2026 after its merger with xAI. A December 2025 tender offer had previously valued the company at about $800 billion.
Key Takeaways
- SpaceX is reportedly preparing for an IPO targeting a $1.75 trillion valuation and aiming to raise $75 billion.reuters.combarchart.com
- The company plans a roadshow for the week of June 8, with its IPO prospectus expected in late May.reuters.combarchart.com
- SpaceX intends to allocate an unprecedented portion of shares, up to 30%, to retail investors.reuters.combarchart.com
- Morgan Stanley, Bank of America, Citigroup, JPMorgan, and Goldman Sachs are named as leading bookrunners for the offering.reuters.com
- Recent private valuations include $1.25 trillion after merging with xAI and an $800 billion tender offer in December 2025.reuters.com
Affected Companies
Sources

SpaceX lays out IPO details, targets early June roadshow, sources say
Reuters
“According to this source, SpaceX plans to launch its roadshow the week of June 8, with underwriters expecting unprecedented retail demand for the IPO.”

SpaceX IPO Heats Up Amid Unprecedented Retail Interest
Barchart
“Reported that SpaceX outlined IPO details, targeting a $1.75 trillion valuation and $75 billion raise, with an unprecedented allocation for retail investors, and named lead banks.”

