SpaceX targets an absurd valuation in possible IPO

SpaceX may be preparing one of the largest IPOs in history. According to sources cited by Reuters, Elon Musk’s company is targeting a valuation of up to $1.75 trillion, including an additional share-sale option known as a greenshoe.

If confirmed, the move would put SpaceX in extremely rare territory: a private rocket, satellite, and space internet company trying to enter the public market at a valuation comparable to the world’s biggest tech giants.

Quick answer: what is happening?

SpaceX is targeting an IPO valuation of up to $1.75 trillion and could raise at least $75 billion in a primary offering. Reuters reports that the shares could trade on Nasdaq under the ticker SPCX, possibly as early as June.

Why would this IPO be historic?

Because a listing of this size would be massive even by Wall Street standards.

SpaceX is not just a rocket company. It combines space launches, Starlink satellites, government contracts, global internet infrastructure, and ambitions to colonize Mars. Now, there is also a broader narrative involving infrastructure, AI, and data.

That combination makes investors look at SpaceX as something much bigger than a traditional aerospace company.

Starlink is the engine of the story

The most concrete part of the investment case is Starlink.

While rockets and Mars grab headlines, satellite internet is the business most closely tied to recurring revenue and global scale. Starlink has become strategic for remote regions, companies, governments, aviation, maritime use, and conflict zones.

For investors, that matters because it creates an infrastructure story, not just a space exploration story.

The Elon Musk factor

It is impossible to separate SpaceX from Elon Musk.

His name attracts investors, media attention, and enthusiasm. But it also brings risks: governance, concentrated power, unpredictable decisions, and political exposure.

Reuters has previously reported that Musk would retain significant voting control in the company, which may be positive for those who trust his vision — and concerning for investors who prefer more traditional governance.

The risk of a giant valuation

A $1.75 trillion valuation requires near-perfect execution.

SpaceX would need to keep growing, maintain launch leadership, expand Starlink, handle enormous costs, and prove that its most ambitious projects can become sustainable businesses.

It is a bet on the future — and an expensive one.

What changes for tech markets?

If SpaceX really goes public at this level, it could trigger a new wave of mega-IPOs. Companies like OpenAI, Anthropic, and other private AI giants may use this moment as a reference point for their own public listings.

Wall Street may be entering a new phase: after apps, cloud, and AI, space and computational infrastructure could become the next stage for the biggest market bets.

Frequently asked questions

Has SpaceX already gone public?

No. Reuters reports that SpaceX is targeting an IPO, but the deal still depends on final steps and market conditions.

How much could SpaceX be worth?

Sources cited by Reuters point to up to $1.75 trillion, including the greenshoe option.

What is a greenshoe?

It is an option that allows additional shares to be sold if demand for the offering is strong.

Why are investors so interested?

Because of Starlink, reusable rockets, strategic contracts, global scale, and the power of the Elon Musk brand.

To the DigitalRadar, this IPO could be a turning point: SpaceX wants to prove that space is not just science and ambition — it may also be one of the biggest market opportunities of the century.