SpaceX IPO in June? Expected Valuation Could Top $1.75 Trillion

SpaceX is reportedly expected to go public as soon as June, with multiple news outlets pointing to a potential valuation that could exceed $1.75 trillion. No official filing or company announcement has confirmed the listing, but a trail of reporting from Bloomberg, the Financial Times, and Reuters has steadily built the case that Elon Musk’s space venture is moving toward a public market debut that would rank among the largest IPOs in history.

What the Reports Actually Say About a June SpaceX IPO

On January 28, 2026, Reuters reported that the Financial Times said SpaceX was weighing a mid-June IPO aiming to raise as much as $50 billion at roughly a $1.5 trillion valuation. Reuters noted at the time that it could not independently verify the Financial Times report and that SpaceX did not respond to a request for comment.

A month later, on February 27, 2026, Reuters reported that Bloomberg said SpaceX could seek an IPO valuation of more than $1.75 trillion and could file confidentially as soon as March. Reuters added that its own sources indicated an IPO was likely in June, but that plans could still change and the listing could be delayed.

More than $1.75 trillion

The June timeline and the valuation target are expectations based on anonymous-source reporting, not confirmed facts. No public SEC registration statement or official SpaceX press release has locked in either figure.

Separately, TechCrunch reported that SpaceX’s December 2025 secondary sale implied an approximately $800 billion valuation, meaning the reported IPO target would represent more than a doubling from the last known private-market price.

Musk himself offered indirect confirmation in December 2025, posting on X that journalist Eric Berger’s SpaceX IPO reporting was accurate.

Source: @elonmusk on X

That post is the closest thing to an official statement from SpaceX leadership, though it does not specify a date, valuation, or deal structure.

Why a $1.75 Trillion Valuation Would Reshape the IPO Landscape

A valuation above $1.75 trillion would place SpaceX among the five or six most valuable companies on any global exchange at the time of listing. For context, that figure exceeds the current market capitalizations of most major financial institutions and all but a handful of technology firms.

The earlier reported target of roughly $1.5 trillion was already unprecedented for a company going public. The upward revision to more than $1.75 trillion, according to unconfirmed Bloomberg reporting cited by Reuters, suggests that investor appetite in private secondary markets has continued to grow.

As much as $50 billion

A potential capital raise of up to $50 billion would be the largest IPO in history by proceeds, surpassing Saudi Aramco’s 2019 listing. That scale of capital formation in a single event would draw attention from every corner of the institutional investment world.

The jump from the approximately $800 billion December secondary-sale valuation to a potential IPO north of $1.75 trillion also signals how much of the expected value hinges on Starlink, SpaceX’s satellite internet division. Starlink’s recurring revenue model gives public-market investors a more familiar framework for valuation than rocket launches alone.

How Markets Could React if the IPO Moves Forward

A SpaceX listing at this scale would likely pull significant capital allocation attention away from other growth-stage investments. Institutional funds preparing to participate in a $50 billion raise would need to rebalance positions across technology, aerospace, and high-growth allocations.

The broader effect on risk appetite is harder to predict but worth watching. Mega-IPOs historically signal confidence in equity markets, and a successful SpaceX debut could encourage other large private technology companies to accelerate their own public listings. At a time when Federal Reserve officials have warned about supply shocks and inflation risks, a blockbuster IPO would test whether investor enthusiasm can coexist with tighter monetary conditions.

For crypto markets specifically, the connection is indirect but real. Large technology IPOs tend to amplify risk-on sentiment across speculative asset classes. When institutional capital flows toward high-growth equity bets, retail and crossover investors often show increased appetite for digital assets as well. The recent expansion of crypto trading access, including eToro securing a New York crypto license to expand trading across 48 U.S. states, positions the digital asset market to absorb spillover interest if a SpaceX IPO fuels broader enthusiasm.

However, the relationship is correlational, not causal. A SpaceX IPO would not directly move token prices, and readers should not treat the listing as a crypto catalyst without additional evidence.

What Could Delay or Derail the Expected Listing

The gap between reported expectations and a completed IPO remains wide. A confidential filing, which Bloomberg reported could come as early as March, would not be publicly visible and would still require SEC review before any shares trade.

Market conditions are the most obvious variable. Equity markets in mid-2026 face uncertainty around interest rate policy, with recent employment data keeping open the possibility that the Fed could hold rates steady or even raise them. A sharp equity selloff between now and June could force SpaceX to delay or reprice the offering.

Regulatory scrutiny adds another layer. SpaceX operates in a sector with significant government contracts and national security implications. Any IPO filing would face detailed review of related-party transactions, government dependency, and Musk’s role across multiple companies including Tesla and X.

Reuters itself noted that plans could still change and that the listing could be delayed. The history of large anticipated IPOs includes numerous examples of companies that postponed or restructured offerings in response to shifting conditions.

Valuation expectations are also subject to revision. The reported jump from $1.5 trillion to more than $1.75 trillion over the course of a single month shows how fluid the numbers remain before a formal price range is set. Final pricing will depend on investor demand during the roadshow, which has not been publicly scheduled.

FAQ About the Expected SpaceX IPO

When is SpaceX expected to go public?

Multiple reports point to June 2026 as the target window. Reuters reported in February that sources indicated a June listing was likely, but also cautioned that the timeline could shift. No official date has been announced.

What valuation is being reported?

Bloomberg, as cited by Reuters, reported that SpaceX could seek a valuation exceeding $1.75 trillion. An earlier Financial Times report had placed the target at roughly $1.5 trillion. Neither figure has been confirmed by SpaceX.

Has SpaceX filed with the SEC?

As of early April 2026, no public SEC registration statement for a SpaceX IPO has appeared. Bloomberg reported that a confidential filing could have been submitted as early as March, but confidential submissions are not publicly visible until at least 15 days before a roadshow begins.

How much could SpaceX raise?

The Financial Times report cited by Reuters indicated the IPO could raise as much as $50 billion, which would make it the largest IPO by proceeds in history.

Why does this matter for broader markets?

A listing at this scale would be the largest technology IPO ever and could significantly influence institutional capital allocation, risk sentiment across equities, and appetite for high-growth investments in the months surrounding the offering.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.