This article first appeared on GuruFocus.
SpaceX is reportedly preparing for an initial public offering that could become the largest stock market debut in history.
The Elon Musk-led rocket and satellite company is said to be targeting a valuation of about $1.7 trillion and could raise more than $80 billion. At that size, the offering would surpass Saudi Aramco’s 2019 IPO, which raised about $26 billion.
The listing would be more than a space-sector milestone. It would test whether public investors are ready to absorb one of the largest private technology companies after years of delayed IPOs and rising private valuations.
SpaceX has built its business around commercial launches, Starlink satellite internet and government space contracts. The company reportedly generated about $16 billion in revenue last year.
A strong debut could lift confidence across the IPO market and influence expectations for other private companies, including OpenAI and Anthropic.
Still, valuation will be the key question. Investors will watch whether SpaceX can justify trillion-dollar expectations once its financials become public.
