SpaceX prepares for $75 billion IPO

SpaceX is set to make history on June 12, 2026, with an ambitious initial public offering (IPO) expected to raise $75 billion.

The company, which is positioning itself as a leader in launch services, satellite internet via Starlink, and AI-driven infrastructure, will debut on the Nasdaq under the ticker 'SPCX.'

With a staggering valuation of $1.77 trillion, this event is poised to be the largest IPO in history.

While the company reported $18.7 billion in revenue for 2025, it currently remains unprofitable.

A key component of its growth strategy involves orbital data centers and partnerships with major AI firms.

Elon Musk will maintain firm control, retaining 82.4% of the voting power thanks to a dual-class share structure.

Despite the excitement, some market analysts remain skeptical, arguing that the valuation is highly speculative and heavily dependent on unproven future technologies.

Whether this move makes Musk the world's first trillionaire or results in a market correction remains the central question for investors watching the launch of this aerospace giant.