SpaceX preparing IPO filing
SpaceX is reportedly preparing to file for an IPO “as soon as this week,” according to a report — a potential blockbuster that would reshape late‑stage tech fundraising and public‑market hiring. The filing buzz comes amid broader IPO activity in select sectors (money.usnews.com).
Advisers preparing the offering are said to be targeting an eye‑popping capital raise that could exceed $75 billion, a sum that would surpass every IPO on record. (money.usnews.com) SpaceX’s consolidation with Elon Musk’s xAI earlier this year was reported to value the combined company at about $1.25 trillion, with SpaceX pegged near $1 trillion and xAI near $250 billion. (bloomberg.com) A core underwriting group has been assembled around major banks including Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley, and Bloomberg reported Citigroup was later added to the lead bank lineup. (bloomberg.com) Morgan Stanley has been singled out in prior reporting as an emerging front‑runner for a senior deal role based on its historical ties to Musk, according to multiple industry sources. (cnbc.com) SpaceX has discussed a meaningful retail allocation and brokerage Robinhood has been reported to be vying for a significant retail distribution role through its IPO Access program. (bloomberg.com) Financial‑timeline coverage earlier in 2026 placed a confidential SEC submission window in March and multiple outlets have reported a mid‑June listing as a potential target date, with some reports citing a $50 billion raise at roughly a $1.5 trillion valuation. (bloomberg.com; money.usnews.com) Reported private financials made public in earlier coverage show SpaceX generated roughly $15–16 billion of revenue and about $8 billion of EBITDA in 2025, figures that bankers have used in modeling potential IPO pricing and tranche sizing. (www.usnews.com) Legal advisers named in reporting on the transaction’s preparation include Gibson Dunn and Davis Polk & Wardwell, firms that have handled prior high‑profile deal and regulatory work for Musk‑affiliated companies. (economictimes.indiatimes.com)
