Synopsis: In a move that has stunned global financial markets, SpaceX has officially filed confidential draft documents with the SEC for an Initial Public Offering (IPO) expected in June 2026. Codenamed “Project Apex,” the company is reportedly looking to raise up to $75 billion, which would shatter the previous record held by Saudi Aramco. At a targeted valuation of $1.75 trillion, SpaceX would instantly become one of the five most valuable companies on the planet.
SpaceX IPO Update April 2026: $1.75 Trillion Filing

After years of “will they, won’t they” speculation, Elon Musk is finally taking his space giant public. The timing is no accident—SpaceX is no longer just a rocket company; it has evolved into a global telecommunications and AI powerhouse that investors are desperate to own.
The 3 Pillars Driving the $1.75 Trillion Valuation
1. The Starlink Cash Machine
While rockets get the headlines, Starlink is the financial engine.
- The Growth: Starlink ended 2025 with over 9.2 million subscribers and roughly $10 billion in revenue.
- The Future: Analysts project that by the end of 2026, Starlink could generate up to $24 billion, making it a high-margin utility that justifies a massive “tech-style” valuation.
2. The xAI “Space Intelligence” Merger
In February 2026, SpaceX completed an all-stock merger with Musk’s AI startup, xAI.
- The Synergy: The goal is to build orbital data centers. By running AI models in space using Starlink’s network and solar power, SpaceX bypasses the energy and land constraints of Earth-based data centers.
- The AI Premium: This merger added a “software” layer to the hardware business, convincing Wall Street that SpaceX is an “Orbital Intelligence” utility.
3. Unprecedented Retail Access
In a rare move, Elon Musk is reportedly pushing to allocate 30% of the IPO shares to retail investors (the general public).
- Why? Usually, retail investors only get 5–10% of an IPO. By giving 30%, Musk is leaning on his loyal fan base to stabilize the stock and ensure that “average Joes” can participate in the company’s growth.
SpaceX IPO: Key Facts at a Glance
| Category | Details |
| Expected Listing Date | June 2026 |
| Targeted Valuation | $1.75 Trillion |
| Amount to be Raised | $50 – $75 Billion |
| Lead Underwriters | Goldman Sachs, Morgan Stanley, JPMorgan, BofA |
| Major Segment | Starlink (Satellite Internet) & xAI Integration |
Also read about The 2026 Roadmap on Stock Broker Registration
What This Means for a Layman
Think of the SpaceX IPO as the birth of a new kind of company. For 20 years, only the world’s richest people and giant funds could “own” a piece of the stars.
By going public, Elon Musk is opening the doors for anyone with a brokerage account to own a stake in the company that builds the rockets, provides global internet, and is now building “brains in space” (AI). However, with a $1.7 trillion price tag, the company has a lot to prove – it’s being valued as if it has already conquered the solar system.
Disclaimer: The views expressed are for informational purposes only and do not constitute financial advice. Investing in stocks and IPOs involves significant risk.forgeup.in is not liable for any financial losses. Always consult a certified investment advisor before making any decisions.
