If SpaceX does go public this year, it won’t just be another IPO date circled on Wall Street calendars. According to reporting by the Financial Times, the company is eyeing a mid-June debut, timed to coincide with a planetary alignment between Jupiter and Venus as well as Elon Musk’s 55th birthday.
And for a founder who once launched a car into orbit for symbolism alone, the timing feels very on brand.
An IPO written in the stars
SpaceX is reported to be exploring a valuation of around $1.5 trillion, which would rank among the largest IPOs ever attempted. People familiar with the matter, however, told the Financial Times that figures remain unfinalized and could change.
Founded in 2002, SpaceX has gone from a scrappy startup operating out of a warehouse to an emerging leader in commercial spaceflight. Under the leadership of Elon Musk, the company has built reusable rockets, become a key partner to NASA, and launched thousands of satellites into orbit.
Much of that growth has been powered by projects like Starship – the fully reusable rocket Musk hopes will eventually carry humans to Mars – and Starlink, the satellite broadband network that has quietly become SpaceX’s biggest revenue engine.
Early technical leadership from propulsion engineer Tom Mueller helped get the company off the ground, while Gwynne Shotwell now runs day-to-day operations as president and COO.
According to reports, the company aims to raise around $50 billion in new capital through the IPO. The Financial Times also reported that a number of investment banks are in talks for the offering, including Bank of America, JPMorgan Chase, Goldman Sachs, and Morgan Stanley.
A moment for space – and public markets
SpaceX’s revenue for 2025 was projected at about $15.5 billion, with NASA contracts accounting for roughly $1.1 billion of that total. Starlink makes up the bulk of the rest. Musk currently owns about 42% of the company and controls close to 79% of the voting power through a dual-class share structure, a setup designed to keep him firmly in charge even after going public.
At a $1.5 trillion valuation, an IPO would dramatically boost Musk’s already enormous paper wealth and give him new options for liquidity, whether that be through share sales or loans backed by equity.
If it happens, the SpaceX IPO would land at a pivotal moment. Public markets have been cautious about capital-intensive ventures, especially those with long timelines and heavy regulatory exposure. A successful debut could reset expectations, opening the door for other space and deep-tech companies to follow.
