SpaceX officially filed its S-1 registration statement with the SEC on May 20, 2026, turning years of speculation into a concrete path toward public markets. The filing sets the stage for what would be the largest initial public offering in history, with expected proceeds exceeding $75 billion and a post-IPO valuation hovering around $1.75 trillion.

To put that in perspective, the last record-holding IPO was Saudi Aramco’s listing in 2019, which raised roughly $26 to $30 billion. SpaceX is aiming for more than double that.

The numbers behind the filing

Shares are set to list on Nasdaq under the ticker SPCX, with pricing anticipated between June 11 and June 12. SpaceX had previously made a confidential filing in April, and the public S-1 now offers the first detailed look at the company’s financials across its sprawling portfolio of reusable rockets, Starlink satellite internet, and what appears to be growing investment in AI infrastructure.

Some estimates peg the total raise closer to $80 billion.