SpaceX, Elon Musk's space exploration company, has filed preliminary documentation to sell shares to the public, according to two sources familiar with the matter. An offering that would likely be the largest in history and could turn its founder into the world's first trillionaire. SpaceX's initial public offering (IPO) is poised to be one of the biggest events on Wall Street this year, with several investment banks lining up to raise tens of billions to fund Elon Musk's ambitions. These ambitions include establishing a base on the Moon, putting data centers the size of several football fields into orbit, and, one day, sending a human to Mars. The sources spoke on condition of anonymity as they were not authorized to speak publicly about the confidential filing with the Securities and Exchange Commission. SpaceX did not respond to a request for comment. How much could the SpaceX offering be worth? SpaceX has not disclosed exactly how much it plans to raise, but the figure could reportedly reach $75 billion. The offering, which could come in June, could value all of SpaceX's shares at $1.5 trillion, nearly double the company's valuation in December 2025 when some minority shareholders sold their stakes, according to research firm Pitchbook. In addition to manufacturing reusable rockets to launch astronauts and equipment into orbit, SpaceX owns Starlink, the world's largest satellite communications company. The company also recently acquired two other Musk businesses: the social media platform X, formerly Twitter, and his artificial intelligence company, xAI. Previously, Musk had stated that SpaceX's $800 billion valuation was not "exact" because the company is not economically dependent on NASA and its main source of revenue is the Starlink satellite internet system.
