April 1, 2026
SpaceX has submitted a confidential application for a U.S. initial public offering (IPO) that could raise over $50 billion, potentially making it the largest IPO in history.
The company, founded by Elon Musk, could reach a valuation of up to $1.75 trillion, surpassing the previous record set by Saudi Aramco’s $29.4 billion IPO in 2019. Sources indicate the filing was made confidentially, a common practice for high-profile offerings.
If successful, the IPO would mark a historic milestone for SpaceX, which has revolutionized private space exploration with its reusable rockets and ambitious projects like the Starship program. The $50 billion target would far exceed any previous public market debut.
SpaceX’s move comes amid heightened investor interest in space technology, though the company has not yet disclosed a timeline for the offering. The confidential filing allows SpaceX to keep details private until closer to the IPO date.
No further specifics were available regarding underwriters or pricing. The company has not commented publicly on the filing.