Key Facts on SpaceX IPO
SpaceX has confidentially filed for its initial public offering (IPO), aiming to raise up to $75 billion with a projected valuation between $1.75 trillion and $2 trillion, which would mark the largest IPO in history. Founded by Elon Musk, the company is known for its reusable rockets and the Starlink satellite network, which provides global high-speed internet. In 2025, SpaceX reported a profit of $8 billion on revenues of approximately $16 billion.
If SpaceX goes public at a $1.75 trillion valuation, it would trade at nearly 219 times its trailing earnings and over 109 times its revenue. The company plans to allocate 30% of its IPO proceeds to retail investors, which could drive significant trading activity. However, experts caution potential investors about the high valuations and speculate that the stock may drop shortly after the IPO due to typical market trends and lock-up provisions preventing insiders from selling their shares.
