Key insights
- SpaceX is targeting a valuation above $2 trillion in its IPO planned for 2026, aiming to raise $50-80 billion. This would be the largest IPO ever. The IPO follows SpaceX’s merger with xAI. Saudi Arabia's Public Investment Fund is considering a multibillion-dollar stake. While the IPO is far out, the news signals continued investor appetite for high-growth tech stories, which could have a slightly positive impact on market sentiment.

SpaceX is aiming for a valuation above $2 trillion in its upcoming IPO, which would make it the largest public offering ever.
The company has confidentially filed with the SEC and is preparing to go public later in 2026, possibly as early as mid-year.
SpaceX is aiming to raise between $50 billion and $80 billion, which would make it the largest stock market listing in history, surpassing Saudi Aramco’s $29.4 billion debut in 2019.
The IPO follows SpaceX’s merger with Elon Musk’s AI company xAI, which previously valued the combined business at about $1.25 trillion.
SpaceX is also lining up major investors, including discussions with Saudi Arabia’s Public Investment Fund for a potential multibillion-dollar stake.