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With one of the largest IPOs ever registered confidentially with the US SEC, SpaceX, launched by Elon Musk, has made a giant leap towards going public. Its valuation is up to 1.75 trillion (equivalent to 1,470,000,000 USD at exchange rates), and it is hoping to raise up to 75 billion dollars (equivalent to 53,000,000,000 USD at exchange rates) in a 2026 IPO on Nasdaq.

Such an enormous fundraising follows the merger of SpaceX with xAI, owned by Musk, which increased its value many times in combination with it. The money will serve to cover bold projects such as the development of Starships, wider Starlink broadband, and AI data centers based in space.

SpaceX, unlike more conventional IPOs, will have up to 30 percent of the shares allocated to retail investors, three times more than traditional shares usually go to them, and will distribute them domestically through Bank of America. The move would give ordinary investors an uncommon opportunity to become shareholders of the company that has reusable rockets and internet-from-space.

The offering would easily mark a record better than that of Saudi Aramco. Although the valuation is greatly contested because of the potential growth prospects of Starlink as opposed to space most bets, investors are getting enthusiastic with the investor briefing prepared by SpaceX. The last terms and the precise date of listing will be closely monitored by the world markets.