SpaceX Prepares for Historic IPO with Potential $1.78 Trillion Valuation SpaceX’s plan to go public has rapidly escalated from long‑running speculation to a record‑shattering offering that could reshape both Wall Street and the neighborhoods around its factories.

In early June, new filings revealed SpaceX aims to raise about $75 billion in an initial public offering, selling roughly 555.6 million shares at $135 each for a valuation near $1.75 trillion, which would make it the largest IPO ever by a wide margin. A separate report put the potential range even higher, saying the rocket and AI group could seek up to $86 billion in proceeds at a $1.78 trillion valuation.

As details emerged, reporters noted that at this price SpaceX would debut as roughly the seventh‑largest U.S. company by market cap, surpassing Tesla’s valuation of about $1.6 trillion. The company’s evolution from a launch provider to a business dominated by Starlink connectivity and an aggressive bet on artificial intelligence and orbital data centers was central to the pitch; SpaceX’s own materials cite an AI total addressable market of $26.5 trillion, a figure analysts say is impossible to independently verify.

The investor roadshow quickly followed. A 17‑minute presentation by longtime CFO Bret Johnsen walked through rocket reusability, Starlink’s 10.3 million users and triple‑digit annual growth, and a strategy that now includes the xAI acquisition and orbital data centers. Johnsen argued that Starlink “can deliver in many areas and in many cases where terrestrials just can’t,” framing satellite broadband and AI compute as SpaceX’s next major growth engines.

At the same time, ownership of the deal started to broaden. One report said Elon Musk’s company planned to reserve up to 25% of the $75 billion float for individual investors, while a separate disclosure highlighted Fidelity’s decision to let any customer with at least $2,000 in a brokerage account participate, after SpaceX chose to “reserve a much higher percentage of the offering (up to 30%).”

On social media, Musk amplified commentary that SpaceX had “destroyed the cost to orbit,” cutting launch prices from about $18,500 per kilogram to nearer $1,000 with Falcon Heavy, and reposted bullish takes on new revenue such as a Google deal worth $920 million a month starting in late 2026. He also shared praise that the IPO would deliver “awesome” outcomes for welders and technicians who otherwise might never have owned equity in a company of this scale.

Back on the ground in Southern California, developers and real‑estate agents framed the listing as “LA’s Google moment,” predicting the long‑awaited IPO would dwarf Google’s 2004 debut and instantly mint “thousands of brand‑new millionaires” around SpaceX’s Hawthorne manufacturing hub. Economists cautioned that the impact would likely be concentrated in the South Bay rather than triggering a citywide boom, given prior secondary sales and post‑IPO lockups.

Together, the record valuation targets, unusually large retail allocation, and spillover into housing markets underscore how SpaceX’s Wall Street debut is being cast as not just another tech listing, but a financial and social event with effects from trading screens to local streets.

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