More Money, More Rockets: SpaceX Targets $1.77 Trillion IPO Valuation

Initial public offering could launch the company’s worth to the stratosphere and make CEO Elon Musk a trillionaire.

Jack Daleo

Friday, June 12, 2026 at 12:51 PM ET

Verified

Edited By:

Travis Tingle

SpaceX’s Version 3 (V3) Starship launches on its debut suborbital test flight in May. [Credit: SpaceX]

Key Takeaways:

SpaceX has launched its IPO, targeting a $1.77 trillion valuation that would exceed major aerospace companies combined, though analysts express skepticism due to its speculative nature and a recent $5 billion loss.
The company's ambitious expansion plans, including orbital data centers and lunar transportation, are contingent on achieving full reusability of its Starship rocket, which has experienced significant test flight setbacks and groundings.
SpaceX, already a leader in space launches, aims for substantial growth through increased launches, heavier payloads for Starlink, and a long-term vision encompassing crewed lunar and Mars missions, as well as point-to-point Earth travel.

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With a successful initial public offering (IPO), space launch provider SpaceX could achieve a higher market capitalization than Boeing, Airbus, GE Aerospace, RTX, and Lockheed Martin—combined.

SpaceX launched its IPO on Friday, taking the company public after it spent decades securing a stranglehold on the global space launch industry. With an opening stock price of $135 per share and ambitions to raise $75 billion, the company is targeting a $1.77 trillion valuation that would dwarf every major aerospace player.