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 launched an IPO aiming for a $1.77 trillion valuation, potentially surpassing major aerospace companies combined, though analysts express skepticism given the company posted a nearly $5 billion loss last year despite revenue growth.
The company's ambitious future plans, including orbital data centers, routine lunar transportation, and increased Starlink deployments, are heavily reliant on the full reusability and operational success of its Starship rocket, which has faced significant testing delays and regulatory groundings.
Despite its dominant position in space launches, SpaceX's ability to deliver on its vast expansion goals and return value to investors hinges on overcoming current Starship development challenges and accelerating mission turnaround times.

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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.