SpaceX Moves Closer to Historic IPO with Potential $75 Billion Raise
Elon Musk's SpaceX has filed for an IPO that could raise $75 billion, potentially marking the largest market debut in history. Musk is set to retain significant control.
SpaceX, led by Elon Musk, is preparing for an initial public offering (IPO) that could raise up to $75 billion. This move is anticipated to be one of the largest market debuts ever.
Musk is expected to take on multiple roles within the company, serving as CEO, CTO, and Chairman of the Board. This consolidation of power suggests he will maintain significant influence over the company's direction.
The potential size of the IPO underscores the growing interest in space exploration and technology, as well as the financial backing that SpaceX has garnered in recent years.
Updates
Update at 22:54 UTC on 2026-06-03
Financial Times reported Rocket and AI group is seeking to raise up to $86bn in biggest Wall Street debut of all time.
Sources: Financial Times