SpaceX just made the move that investors have been waiting for over a decade. The space exploration giant officially filed its paperwork to become a publicly traded company. While people have rumored for months that an IPO would happen by July, this filing makes the dream of owning a piece of the company a reality.
According to reports, the company filed its registration with the SEC confidentially. This means the public can’t peek at SpaceX’s secret financial records just yet. By using this private approach, Elon Musk’s team can get feedback from the government and iron out the details before they announce the official share price and start selling to the public.
SpaceX isn’t just looking for a standard entry into the stock market; it wants to shatter every record on the books. The company plans to raise a staggering $75 billion through the offering. To understand how big that is, the current record holder is the oil giant Saudi Aramco, which raised $24 billion back in 2019. Musk is looking to more than triple that number.
The total value of the company is expected to hit $1.75 trillion. This massive price tag comes after a busy year for Musk’s empire. Earlier in 2026, SpaceX swallowed up his other company, xAI. This move made SpaceX the parent company of X (formerly Twitter) and the Grok AI bot. Before the merger, the combined businesses were worth about $1.25 trillion.
SpaceX needs this massive mountain of cash to fund its wilder ambitions. A huge chunk of the money will go toward the Starship program, which has struggled with technical hurdles lately. They also have plans to build a permanent base on the moon and send the first human mission to Mars. Perhaps the most futuristic goal is their plan to launch AI data centers into orbit to power the world’s computers from space.
This IPO will likely be the biggest financial event of the decade. If the launch goes as planned, SpaceX will have more funding than almost any other private company in history. Investors are already lining up, eager to bet on Musk’s vision of a multi-planetary future.
