SpaceX reportedly to secretly submit the IPO prospectus as early as March, aiming for a valuation exceeding $1.75 trillion

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Latest market rumors suggest that Elon Musk’s private aerospace company SpaceX is considering submitting its initial public offering (IPO) documents secretly as early as March.

As the most certain among this year’s three major potential IPOs (SpaceX, OpenAI, Anthropic), this move will align with its goal of going public in June. By submitting documents confidentially, the company can receive regulatory feedback and make revisions before the prospectus is made public.

Sources say that SpaceX may seek a valuation of “more than $1.75 trillion” in its IPO. Based on current market conditions, this would allow SpaceX to surpass Meta and Saudi Aramco, ranking seventh in the global market capitalization list.

(Source: companiesmarketcap)

Previous reports indicated that in early February, during SpaceX’s acquisition of xAI, the combined entity was valued at $1.25 trillion.

Insiders say that considerations are still ongoing, and details may change. SpaceX may also delay submitting its prospectus.

Consistent with earlier reports, sources suggest that SpaceX’s IPO could raise up to $50 billion. This would significantly surpass the current world record—Saudi Aramco’s $29 billion in 2019. SpaceX has stated in a memorandum that the fundraising aims include providing “crazy launch frequency” for the Starship rocket, building AI data centers in space, and establishing a lunar base.

If all goes as expected, major underwriters for SpaceX’s listing will likely include Morgan Stanley, JPMorgan Chase, Goldman Sachs, and Bank of America, all of which have close ties to Musk. SpaceX may also adopt a “dual-class” share structure, giving insiders like Musk more voting power.

(Source: Cailian Press)

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