SpaceX Pursues Initial Public Offering

Elon Musk’s aerospace company, SpaceX, has reportedly filed confidentially for an initial public offering (IPO). This move brings the company closer to what could be the largest public listing in United States history, according to a report from Bloomberg on Wednesday.

Potential Valuation and Timeline

Sources familiar with the matter indicate the IPO could be finalized as early as June. SpaceX is aiming for a valuation exceeding $1.75 trillion, as reported by Bloomberg in February. This valuation would position SpaceX among the top ten public companies by market capitalization, surpassing Meta and Tesla.

Record-Breaking Fundraising

The IPO could potentially raise up to $75 billion for SpaceX. This figure would significantly exceed Saudi Aramco’s previous record of $29 billion raised in its 2019 debut.

Investor Briefings and Share Structure

SpaceX is planning briefings for prospective IPO investors later this month, as noted by Bloomberg. The company is also considering a dual-class share structure. This structure would grant insiders, including Elon Musk, increased voting control.

Expanding Access to Private Company Investment

Recent developments have included platforms tokenizing shares in private companies like SpaceX and OpenAI on the blockchain. This provides retail investors with opportunities to invest in companies not traditionally available on public markets. Robinhood CEO Vladimir Tenev highlighted limited access to these private tech firms in February 2025.

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