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 an IPO targeting an ambitious $1.77 trillion valuation, which would make it larger than several major aerospace companies combined, despite recent financial losses and analyst skepticism.
The company's future growth and ambitious plans, including orbital data centers and routine lunar transportation, are critically dependent on achieving full reusability and operational success of its Starship rocket.
Starship's development currently faces significant hurdles, including test flight delays, regulatory groundings, and the challenge of transitioning from suborbital tests to consistent orbital and reusable operations.

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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.