SpaceX is preparing to go public in what would be the largest initial public offering ever by cash raised. The company aims to bring in up to $86 billion, targeting a valuation between $1.75 trillion and $2 trillion.
To put that in perspective, Saudi Aramco’s 2019 IPO raised roughly $25.6 billion. SpaceX is aiming for more than triple that figure.
The IPO timeline and structure
SpaceX, officially Space Exploration Technologies Corp., confidentially filed with the SEC back in April 2026. The public prospectus dropped on May 20, setting the stage for an investor roadshow beginning June 8.
The target listing date is June 12, 2026, on the Nasdaq under the ticker SPCX. The offering will consist of Class A common stock.
