Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O. - The New York Times

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SpaceX Files to Go Public, Setting Stage for Huge I.P.O.

An initial public offering of Elon Musk’s rocket and satellite company would most likely be a generational wealth event and one of the largest offerings ever.

SpaceX’s Starship rocket in Cameron County, Texas, in 2024.Credit...Meridith Kohut for The New York Times

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An initial public offering of Elon Musk’s rocket and satellite company would most likely be a generational wealth event and one of the largest offerings ever.

SpaceX’s Starship rocket in Cameron County, Texas, in 2024.Credit...Meridith Kohut for The New York Times

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By Ryan MacLauren Hirsch and Maureen Farrell

Ryan Mac reported from Los Angeles and Lauren Hirsch and Maureen Farrell from New York.

• April 1, 2026

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SpaceX, Elon Musk’s rocket and satellite maker, filed confidentially on Wednesday for an initial public offering, according to two people familiar with the company, setting the stage for what could be one of the largest offerings ever.

The company is committed to debuting in June, and Mr. Musk is aiming to raise $50 billion to $75 billion from going public, said one of the people, who was not authorized to speak publicly on confidential discussions.

SpaceX values itself at more than $1 trillion and would be one of the most valuable companies to reach the stock market, after Saudi Aramco’s 2019 debut valued the energy giant at $1.7 trillion. Aramco ultimately raised more than $29 billion from its offering.

A SpaceX offering could signal a wave of enormous I.P.O.s, with the artificial intelligence companies OpenAI and Anthropic also exploring the possibility of going public. SpaceX’s offering would be a generational moneymaking event for Wall Street, the company’s employees and, of course, Mr. Musk, who is already one of the world’s richest men and could become the first trillionaire.

Mr. Musk, 54, who also runs the electric carmaker Tesla and other companies, did not respond to a request for comment. A SpaceX spokesman did not respond to a request for comment. Bloomberg earlier reported the filing.

SpaceX, which Mr. Musk founded in 2002 with the goal of sending people to Mars, has grown into one of the world’s leading space companies. From the beginning, Mr. Musk has said SpaceX’s ultimate mission is to make humans a multiplanetary species, ensuring that life would thrive if something happened to Earth. Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times. Thank you for your patience while we verify access.

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