SpaceX Targets $1.75T Valuation in Landmark IPO Filing Expected This Week

SpaceX is preparing to file its IPO prospectus with the SEC as soon as this week, according to The Information, citing a person with direct knowledge. The company aims to raise more than $75 billion at a valuation exceeding $1.75 trillion — which would shatter Saudi Aramco's $29.4 billion IPO record from 2019 and make SpaceX the most valuable company ever to go public. The filing targets a June listing. SpaceX's combined private valuation reached ~$1.25 trillion after its February 2026 all-stock acquisition of Musk's AI company xAI. Starlink, with 9.2 million subscribers and over $10 billion in 2025 revenue, is the primary valuation driver. Bloomberg independently confirmed the timeline and fundraising targets.