SpaceX's Starship rocket lifts off — the company is seeking to raise $75 billion in the largest IPO ever, giving it a market value of $1.77 trillion. Founder Elon Musk, already the world's richest person, could become the first trillionaire if the stock market launch goes according to plan.
4 June 2026 | Hawthorne, New York, Washington — Updated 14:30 GMT
Elon Musk is about to become the richest human being who ever lived. By a lot.
SpaceX, his space exploration and AI company, is seeking to raise about $75 billion through its imminent initial public offering — the largest IPO ever. The company will sell 555.6 million shares at $135 apiece, giving it a market value of $1.77 trillion.
To put that in perspective: only six companies in the entire S&P 500 are currently worth more. Nvidia leads at $5.2 trillion. But SpaceX is now worth more than Meta, more than Tesla, more than Berkshire Hathaway.
And Musk? Forbes currently values his net worth at $825 billion. His stake in SpaceX alone is $542 billion. He's not selling any shares in the offering, and he'll retain 82.4% voting power. When the stock starts trading, the world may witness something never seen before: a trillionaire.
The timing is no accident. Anthropic filed its IPO paperwork this week. OpenAI is expected to follow. The AI race is becoming a public market phenomenon, and SpaceX — which also acquired Musk's xAI to build solar-powered infrastructure for the AI boom — is leading the charge.
Founded in 2002, SpaceX has been central to Musk's ambition of building a "self-sufficient city on Mars." NASA depends on SpaceX rockets for most of its launches. And now Wall Street gets to own a piece of the interplanetary dream.
The question is no longer whether Musk will reach Mars. The question is whether his bank account will get there first.
🚀 SPACEX IPO — THE NUMBERS: $75 billion capital raise (largest IPO ever) • 555.6 million shares offered • $135 per share price • $1.77 trillion post-IPO market value • 6th largest company in S&P 500 by valuation • Elon Musk net worth: $825 billion (Forbes) • Musk SpaceX stake: $542 billion • Musk voting power: 82.4% • Musk not selling any shares • Founded: 2002 • NASA primary launch partner.
One Small Step for Wall Street, One Giant Leap for Musk's Wallet
SpaceX is seeking to raise about $75bn through its imminent initial public offering, a company filing on Wednesday revealed, which would make it the largest IPO ever.
If the stock market launch – primed for next week – goes accordingly, founder Elon Musk, the world's wealthiest person, could be poised to make history as the first trillionaire.
The company, formally known as Space Exploration Technologies Corp, said on Wednesday it would sell 555.6m shares at $135 a piece.
The offering would give SpaceX a market value of $1.77tn. Only six companies in the S&P 500 are currently worth more, with Nvidia topping the list at $5.2tn.
🚀 SPACEX IPO — FULL BREAKDOWN
- Capital raise: $75 billion (largest IPO in history)
- Shares offered: 555.6 million
- Share price: $135 per share
- Post-IPO market value: $1.77 trillion
- IPO timing: Next week (primed for launch)
- Confidential filing: April 2026
- Founded: 2002
- Musk's voting power after IPO: 82.4%
- Musk selling shares: None
Musk also leads Tesla, the electric carmaker. He is not selling any of his shares in the SpaceX offering, and he would have 82.4% of the voting power in the company.
Forbes currently values Musk's net worth at $825bn, and his stake in SpaceX at $542bn.
The $1.77 Trillion Club: SpaceX Joins Elite Company
Only six companies in the S&P 500 are currently worth more than SpaceX's $1.77 trillion post-IPO valuation:
- Nvidia: $5.2 trillion
- Apple: ~$3.5 trillion
- Microsoft: ~$3.2 trillion
- Amazon: ~$2.1 trillion
- Alphabet (Google): ~$1.9 trillion
- Meta: ~$1.5 trillion
SpaceX would immediately become the 6th largest company in America by market capitalization — surpassing Meta, Berkshire Hathaway, and Tesla (Musk's other company).
— SpaceX company filing
The AI Connection: SpaceX Acquired xAI to Power the Boom
SpaceX has also joined competitors such as Anthropic and OpenAI in the race to scale AI technology. The company acquired Musk's xAI in a move to build out solar-powered infrastructure that could meet the energy demands of this AI boom era.
Anthropic, known for its AI chatbot Claude, filed paperwork this week to go public. OpenAI, the company behind ChatGPT, is expected to follow course soon.
The wave of splashy public offerings has widely been interpreted as a bid to generate capital that will fund data centers powering the AI technology.
🤖 THE AI IPO RACE — WHO'S GOING PUBLIC
- SpaceX: $75bn raise — $1.77tn valuation — IPO next week
- Anthropic (Claude): Filed IPO paperwork this week — $965bn valuation
- OpenAI (ChatGPT): Expected to file soon — $852bn valuation (March 2026)
- Alphabet (Google): Raising $80bn for AI infrastructure (not IPO)
- All raising capital for: Data centers, AI compute infrastructure
From Mars to Wall Street: 24 Years in the Making
In April, Musk's space exploration and artificial intelligence (AI) company confidentially filed to go public. Founded in 2002, SpaceX has been central to Musk's ambition of building a "self-sufficient city on Mars". Since its inception, the company has been the recipient of lucrative aerospace contracts. Nasa, for example, depends on SpaceX rockets for most of its launches.
SpaceX has grown from a startup with a single rocket (Falcon 1) to the dominant force in commercial spaceflight. It now operates the Falcon 9, Falcon Heavy, and Starship — the most powerful rocket ever built. It has launched astronauts to the International Space Station, deployed thousands of Starlink satellites, and is preparing for missions to the Moon and Mars.
— Industry analyst on AI IPO boom
🚀 SPACEX IPO: THE NUMBERS THAT DEFINE THE LAUNCH
📊 SPACEX VS S&P 500 GIANTS ($ TRILLIONS)
💰 ELON MUSK'S NET WORTH: $825 BILLION (FORBES)
After IPO: Musk could become the first $1 trillion person
📈 LARGEST IPOS IN HISTORY ($ BILLIONS)
⏱️ THE AI IPO RACE TIMELINE
🚀 SPACEX BY THE NUMBERS
Year founded
Years to IPO
Shares offered
Price per share
🗣️ THE VOICES OF THE SPACEX IPO
SpaceX Filing Statement:
"SpaceX has been central to Musk's ambition of building a 'self-sufficient city on Mars.' NASA depends on SpaceX rockets for most of its launches."
Industry Analyst:
"The wave of splashy public offerings is a bid to generate capital that will fund data centers powering the AI technology."
🚀 THE FINAL VERDICT: TO THE MOON — AND WALL STREET
✅ THE BULL CASE:
- Largest IPO ever — $75bn raise
- $1.77tn valuation — 6th largest in S&P
- Musk could become first trillionaire
- NASA's primary launch partner
- Acquired xAI for AI infrastructure
- Starlink, Starship, Mars missions ahead
⚠️ THE BEAR CASE:
- $1.77tn valuation — huge expectations
- SpaceX still not profitable? (unclear)
- AI bubble concerns across sector
- Musk retains 82.4% voting control
- Competition from Rocket Lab, Blue Origin
- Regulatory risks (FAA, environmental)
"Twenty-four years ago, Elon Musk founded SpaceX with a dream of building a self-sufficient city on Mars. Next week, that dream goes public — in the largest IPO in history. $75 billion raised. $1.77 trillion valuation. A man who could become the first trillionaire. The question is no longer whether Musk will reach Mars. The question is whether his bank account will get there first — and whether Wall Street is ready for the ride."
— SpaceX IPO Analysis
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