SpaceX Files for IPO Valued at $1.75 Trillion
SpaceX announced its intention to go public with a confidential filing on April 1, 2026. The company, led by CEO Elon Musk, is projected to achieve a valuation of up to $1.75 trillion and aims to raise approximately $75 billion through its initial public offering (IPO). For comparison, the current largest IPO, held by Saudi Aramco in December 2019, raised $29.4 billion.
In 2023, SpaceX recorded sales between $15 billion and $16 billion. This would place the company’s price-to-sales (P/S) ratio at an alarming 63 times sales ahead of the IPO launch, significantly exceeding the sustainable P/S ratio average of 30 for high-growth companies since the mid-1990s. This high valuation adds pressure as investors approach the IPO with caution.
