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Story: SpaceX Files for IPO Targeting Record $1.75 Trillion Valuation

By Julie Binoche

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Starlink Drives Revenue Growth. Starlink's subscriber base hit 1.5 million users worldwide by the end of 2025.

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Market Risks and Regulatory Hurdles. Going public means SpaceX will face quarterly earnings pressure for the first time.

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SpaceX quietly filed papers for an initial public offering. The company wants a valuation above $1.

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The filing happened on April 2, 2026, according to sources familiar with the matter. Elon Musk's rocket company didn't announce the move publicly, but industry watchers say the…

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A $1.75 trillion valuation would put SpaceX ahead of Meta and Tesla in market cap. That's basically saying investors think a rocket company is worth more than the world's biggest…

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Starlink's subscriber base hit 1.5 million users worldwide by the end of 2025. The satellite internet service brings in steady monthly revenue, which is pretty attractive to…

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The company's also landed major contracts with NASA and private clients worth billions of dollars.

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Going public means SpaceX will face quarterly earnings pressure for the first time. Musk's never had to explain missed targets or delayed launches to public shareholders before.

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The SEC review process could take months or even longer. Regulators will dig deep into SpaceX's financials, safety records, and business projections.

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Musk's dual role running both SpaceX and Tesla raises questions too. Some investors worry he's spread too thin between two demanding companies.

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The space industry's been hot with investors lately, but it's also pretty volatile. Virgin Galactic and other space companies have seen their stock prices swing wildly based on…

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Institutional investors are already circling, according to sources close to the deal. Pension funds and sovereign wealth funds want exposure to space technology, and SpaceX…

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No word yet on how many shares SpaceX plans to offer or what the initial stock price might be.

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