Ilon Musk
Details of SpaceX’s planned stock offering and Musk’s intentions to attract a large number of private investors are revealed by Reuters. The publication specifies that SpaceX plans to start the roadshow the week of June 8, with analysts from 21 banks scheduled to meet with the company before investor presentations.
Lead underwriters include Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs.
A major event targeting retail investors is scheduled for June 11. In addition to the U.S., retail investors from the U.K., the European Union, Australia, Canada, Japan and South Korea will have the opportunity to participate in the offering.
In total, SpaceX intends to raise $75 billion. Earlier it was reported about plans to raise $50 billion, but later, according to the publication, the amount was increased. The initial public offering for such an amount will be the largest in history and will bring SpaceX’s market valuation to a record $1.75 trillion. “Retail investors will play a critical role in this offering, and their share will be larger than in any other IPO in history,” SpaceX Chief Financial Officer Bret Johnsen said.
The $1.75 trillion target valuation is well above SpaceX’s previous benchmarks. The company was valued at $800 billion in December 2025 and $1.25 trillion in February 2026, following its merger with Ilon Musk’s AI startup xAI.
