SpaceX Sets June 12 Date for Largest IPO in History – Reports
The highly anticipated IPO of Elon Musk’s space company SpaceX is taking concrete shape. According to media reports, the company is set to make its debut on the Nasdaq on June 12, 2026. This would make it the largest IPO in history.
The planned date is noteworthy for several reasons. Originally, SpaceX had targeted the IPO for late June, close to Elon Musk’s birthday on June 28. However, the US Securities and Exchange Commission (SEC) completed its review of the filing significantly faster than expected, allowing the date to be moved forward.
June 12 would thus become the date of the largest IPO in history. According to reports from the Wall Street Journal and the news agency Reuters, SpaceX plans to raise up to 80 billion US dollars through the share offering. The targeted company valuation stands at over two trillion dollars. For comparison: the previously largest IPO, that of Saudi Arabian oil company Aramco in 2019, raised around 25.6 billion dollars.
Incidentally, on June 12, 2026, there will actually be a noteworthy planetary alignment: Mercury, Jupiter, and Venus will line up in a neat diagonal in the western evening sky after sunset — all three visible to the naked eye.
IPO prospectus expected to be published this week
Before the actual stock market debut takes place, several important steps are scheduled over the coming weeks. The official IPO prospectus is set to be published as early as May 20, 2026. This document contains detailed company figures and will give investors their first comprehensive insight into the group’s financial position.
On June 4, a so-called roadshow is set to begin, during which SpaceX intends to pitch participation in the company to institutional and private investors. The final determination of the offering price is planned for June 11, one day before the scheduled start of trading. SpaceX is to be listed on the Nasdaq under the ticker symbol “SPCX”.
Background: SpaceX following the merger with xAI
SpaceX is today more than a space company. Following the merger with Musk’s AI firm xAI in February 2026, the group encompasses not only the rocket program but also the satellite internet service Starlink as well as AI products such as the chatbot Grok, which are to be marketed in the future under the SpaceXAI brand. At the time of the merger, the group was valued at 1.25 trillion dollars.
Should the IPO proceed as planned, Elon Musk could become the world’s first trillionaire. His current net worth is estimated at between 680 and 811 billion dollars, depending on the source. The SpaceX IPO could also be just the opening act for an extraordinary year on the stock markets: AI companies OpenAI and Anthropic are also reportedly planning IPOs for 2026.
