SpaceX Said to File Confidentially for Largest Ever IPO With a Valuation of $1.75T.
By Bailey Lipschultz and Ed LudlowBloomberg04/01/2026 11:48:47 SpaceX has filed confidentially for an initial public offering, bringing the company closer to delivering the biggest-ever listing.The company submitted its draft IPO registration to the US Securities and Exchange Commission and could seek a valuation in the IPO of more than $1.75T. A listing for SpaceX would raise an IPO record $75 billion. At that size, it would dwarf the current record holder, Saudi Aramco’s $29 billion debut in 2019. The filing puts it on track for a June listing, which would make SpaceX the first of what could be a trio of mega-IPOs, ahead of OpenAI and Anthropic PBC.In a confidential filing, companies can receive feedback from the regulator and make changes before the information becomes public. Details of the offering including the number of shares to be sold and the price range are expected to be disclosed in a later filing.SpaceX is telling prospective IPO investors to expect briefings from company executives this month, people familiar with the matter have said. The so-called testing-the-waters investor meetings would potentially include more detail that would support its valuation target.The company has lined up Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley for senior roles on the IPO, people familiar with the matter have said, and has added more banks to the lineup. Barclays Plc is in charge of the UK and Deutsche Bank AG and UBS Group AG are working on European orders, they said.Royal Bank of Canada is managing share orders from Canada, Mizuho Financial Group Inc. is working on Asia orders and Macquarie GroupThe copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments