SpaceX scheduled its initial public offering for June 12, 2026. The company targets a valuation between $1.75 trillion and $2 trillion. It plans to list on the Nasdaq under the ticker symbol SPCX.
The offering aims to raise $75 billion, doubling the previous record set by Saudi Aramco. A May 20 S-1 filing disclosed the company's finances following its merger with xAI. SpaceX reported $18.7 billion in revenue for 2025. The filing also revealed a net loss of $4.9 billion.
Elon Musk will maintain over 85% of voting control through dual-class shares. The company allocated 30% of the offering to retail investors.