SpaceX Prepares Confidential IPO Filing This Week

SpaceX, the aerospace company founded by Elon Musk, is preparing to submit a confidential filing for an initial public offering with the U.S. Securities and Exchange Commission as early as this week, according to reports citing sources familiar with the matter. The filing could pave the way for a public listing as soon as June 2026, potentially raising more than $75 billion and valuing the company between $1.5 trillion and $1.75 trillion.

The planned offering would mark one of the largest in history, surpassing Saudi Aramco's record $25.6 billion raise in 2019. Advisers involved in the process anticipate allocating more than 20 percent of shares to individual investors, a higher-than-usual portion for a deal of this scale, which is typically dominated by institutional buyers. Major banks, including Morgan Stanley, Bank of America, Goldman Sachs, and JPMorgan Chase, have been lined up as lead underwriters. SpaceX has not publicly commented on the timeline or details, and plans remain subject to change.

The move follows a period of rapid growth for SpaceX, which dominates the commercial space launch market through its reusable rocket technology. The company recently completed a...