TLDR
- SpaceX is considering a public offering in June 2026 with a $1.5 trillion price tag
- The rocket company plans to raise as much as $50 billion from investors
- CFO Bret Johnsen has discussed the potential listing with shareholders since December
- The IPO would break Saudi Aramco’s $29 billion record from 2019
- Starlink’s profitable growth has influenced Musk’s decision to go public
SpaceX is exploring a mid-June 2026 initial public offering that would value the rocket manufacturer at $1.5 trillion. The company intends to raise up to $50 billion from the listing.
The proposed fundraising amount is twice what previous reports suggested. If completed, this would become the biggest IPO in global financial history.
SpaceX Chief Financial Officer Bret Johnsen has been speaking with current private shareholders about the potential timeline. These discussions began in mid-December and have continued through video conferences and direct meetings.
The talks focus on preparing investors for a possible transition to public trading. Johnsen has been gathering feedback on market conditions and investor appetite.
Wall Street Prepares for Mega Deal
SpaceX is working with four major investment banks on the proposed offering. These financial institutions will handle the complex process of bringing shares to market.
The banks will coordinate pricing, regulatory filings, and investor roadshows. Their selection indicates SpaceX is serious about the 2026 timeline.
Elon Musk has long maintained that SpaceX should remain private. He frequently expressed concerns about quarterly earnings pressures and public market scrutiny.
His thinking has changed as the company’s value has grown. People familiar with the matter say Starlink’s performance has been particularly influential.
Starlink Revenue Changes Calculation
SpaceX’s satellite internet division has become a major revenue generator. Starlink now serves millions of customers across dozens of countries.
The service provides predictable subscription income that complements launch revenue. This business model makes SpaceX more suitable for public markets than a pure launch provider.
The June 2026 date may have personal meaning for Musk. He will celebrate his 55th birthday that month, and some reports mention a planetary alignment.
The IPO market has improved after three difficult years. Between 2022 and 2024, few companies pursued public listings due to market instability.
Activity resumed in 2025 as economic conditions stabilized. Several large companies have announced plans for 2026 offerings.
Artificial intelligence companies Anthropic and OpenAI are both preparing for potential listings. Their IPOs could also occur in 2026, creating competition for investor capital.
Space technology remains largely private despite growing investor interest. Public investment options in the sector are limited to a few companies and ETFs.
Analysts say demand for space industry exposure exceeds available investment vehicles. SpaceX’s listing would give investors direct access to the leading commercial space company.
A $1.5 trillion market value would place SpaceX among the top ten most valuable public companies worldwide. This valuation accounts for both launch services and Starlink subscriptions.
SpaceX dominates commercial rocket launches with its reusable Falcon 9 system. The company also operates the Starship development program for deep space missions.
The firm has not officially confirmed the IPO plans. SpaceX rarely makes public statements about internal business strategy or financing decisions.
Johnsen continues to engage with stakeholders about the mid-2026 timeframe. These ongoing conversations suggest the company is actively moving toward a public debut.


