SpaceX is reportedly gearing up for what would be the largest initial public offering in history, with plans to list on the NASDAQ as early as next month at a valuation that could reach $1.75 trillion to $1.8 trillion.
To put that number in perspective: Saudi Aramco’s 2019 IPO raised $29 billion and was considered a once-in-a-generation market event. SpaceX is reportedly targeting a raise of up to $75 billion.
From private darling to public behemoth
SpaceX’s valuation trajectory reads like a venture capitalist’s fever dream. The company was valued at roughly $350 billion as recently as May 2025. By February 2026, that figure had reportedly climbed to approximately $1.25 trillion, a more-than-threefold increase in under a year.
Now the company appears to be targeting an even higher number for its public debut. The jump from $1.25 trillion to $1.75 trillion or higher in just a few months would represent the kind of valuation expansion that usually takes blue-chip companies a decade to achieve.
