SpaceX attracts global investor interest ahead of what could be the largest IPO in history

SpaceX is preparing to go public in what would dwarf every initial public offering that came before it. The company plans to price shares at $135 each around June 11, 2026, targeting a raise of $75 billion that would value the firm at roughly $1.75 to $1.8 trillion.

For context, the previous record-holder for largest IPO was Alibaba’s $22 billion offering back in 2014. SpaceX is aiming to more than triple that figure. Investors, apparently, are not intimidated by the price tag: the offering is reported to be approximately four times oversubscribed.

Who’s lining up and why

The investor list reads like a who’s-who of global capital. Gulf sovereign wealth funds, including the Public Investment Fund of Saudi Arabia and the Abu Dhabi Investment Authority, are among the key pre-IPO backers. On the venture capital side, firms like Andreessen Horowitz and Sequoia have positioned themselves ahead of the listing.

Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are all involved in the process.

SpaceX is targeting up to 30% of its IPO shares for retail investors. SpaceX confidentially filed for the IPO at the beginning of 2026 and plans to list on Nasdaq, with trading potentially commencing on June 12. The company filed an S-1 that revealed some interesting financial realities beneath the staggering valuation.

The numbers behind the hype

SpaceX reported revenue of $18.7 billion for the prior year and also disclosed a net loss of $4.9 billion.

The Starlink satellite internet business continues to expand. The company’s merger with Elon Musk’s AI venture xAI adds another dimension. SpaceX is also reportedly exploring space-based data centers and AI compute initiatives. One collaboration with Tesla, dubbed Terafab, was slated for March 2026.

SpaceX reportedly holds Bitcoin assets valued anywhere from hundreds of millions to over $1 billion.

Crypto platforms want in on the action

Bybit has begun offering tokenized access to the SpaceX IPO, allowing users to gain exposure through digital asset rails. Binance launched a pre-IPO perpetual contract, letting traders speculate on SpaceX’s valuation before shares even hit public markets.

What this means for investors

A $1.8 trillion valuation at IPO would place SpaceX in the same neighborhood as Apple, Microsoft, and Nvidia on its very first day of trading.

The 30% retail allocation is worth watching closely. Historically, retail investors in oversubscribed offerings receive far fewer shares than they request, which can create artificial scarcity and volatile early trading.

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