SpaceX Prepares for Historic $75 Billion IPO with Projected $2 Trillion Valuation

SpaceX has initiated the process for a massive initial public offering, seeking to raise $75 billion. The company is targeting a valuation between $1.75 trillion and $2 trillion, which would position it as one of the most valuable public entities globally, potentially overshadowing other anticipated AI-sector debuts from OpenAI and Anthropic. The process began with a confidential SEC filing on April 1, allowing for a private review of financial statements before the public release of a registration statement. This was followed by closed-door meetings with institutional investors and Wall Street analysts between April 21 and April 23 to outline the company's long-term growth strategy. The company is expected to file its official S-1 prospectus between May 15 and May 22. This filing is a critical prerequisite for the marketing phase, which is projected to commence the week of June 8. The subsequent roadshow will be led by management and underwriters to build institutional demand. In a departure from typical IPO structures, SpaceX may allocate up to 30% of its shares to retail investors. A dedicated event for approximately 1,500 retail participants is scheduled for June 11 to drive broad-based interest. If the roadshow proceeds as planned, the IPO is expected to occur between June 18 and June 30. Early investors and insiders will likely be subject to a standard 180-day lockup period, which would expire between December 15 and December 27.