SpaceX is preparing to go public at a valuation of at least $1.8 trillion, a figure that would make it the most valuable company to ever hit the public markets through an IPO. Elon Musk will walk away from the process with more voting power than he had going in.
The listing is scheduled for June 12, 2026, on Nasdaq under the ticker SPCX. SpaceX plans to issue 555.6 million shares at approximately $135 each, with potential proceeds reaching up to $75 billion.
The mechanics of Musk’s grip
Post-IPO, Musk is expected to retain between 82% and over 85% of voting control over the company through a dual-class share structure.
The $1.8 trillion target represents a modest reduction from earlier expectations. Previous reports had pegged the valuation at over $2 trillion.
