Overview
- Multiple outlets report that SpaceX plans to submit an IPO prospectus to U.S. regulators this week or next, with a June debut under consideration, and the company has not confirmed the timing.
- The targeted raise of about $75 billion, if achieved, would surpass Saudi Aramco’s 2019 listing to become the largest initial public offering on record.
- Financial press say Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley are advising on the transaction, highlighting the scale of the deal.
- Coverage indicates proceeds would fund major projects such as Starship development, a potential lunar base, and AI data centers in orbit, with Starlink’s satellite internet business seen as the near-term revenue engine.
- Reports note SpaceX’s recent purchase of Elon Musk’s AI firm xAI implied a valuation near $1.25 trillion, while some analysts now estimate the company could be valued around $1.75 trillion, and news of the plans lifted shares of space-related stocks like AST SpaceMobile, Rocket Lab, and Firefly Aerospace.