SpaceX is preparing to go public in what would be the largest initial public offering ever conducted. The company plans to raise up to $75 billion by selling 555.6 million shares at $135 each, implying a valuation of roughly $1.8 trillion. To put that number in perspective: the US current-account deficit totaled $1.12 trillion in 2025. One day of trading could, in theory, cover about 8% of that gap.
The biggest IPO ever, by a wide margin
The filing is expected in May 2026, with a roadshow kicking off around June 8 and a potential market debut on Nasdaq under the ticker SPCX around June 12. If it hits its $75 billion target, SpaceX would blow past Saudi Aramco’s 2019 IPO, which previously held the record for the largest public offering in history.
Starlink, SpaceX’s satellite internet division, is the financial engine justifying this valuation. The service generated $11.39 billion in revenue during 2025.
SpaceX posted a net loss of $4.3 billion in Q1 2026 alone, and the company’s accumulated deficit sits at $41.3 billion as of March 2026.
