SpaceX Targets $75 Billion For IPO—Valuing Company Above $1.75 Trillion Pequeño is a breaking news reporter who covers tech and more.Jun 03, 2026, 06:06pm EDTToplineElon Musk’s SpaceX is aiming to raise $75 billion in its highly anticipated initial public offering, according to a Securities and Exchange Commission filing, which would value the AI and space company at roughly $1.77 trillion.Musk is SpaceX's CEO and CTO.Photo by Isaac Wasserman/NCAA Photos via Getty ImagesKey FactsSpaceX aims to sell around 555.6 million shares for $135 per share, according to the filing.This is a developing story. Check back for updates.LOADING VIDEO PLAYER...FORBES’ FEATURED Video