Sky-high IPO meets mysticism! SpaceX plans to go public in June, coinciding with the "planetary alignment" and Musk's birthday

The world's richest man, Elon Musk, is planning to schedule SpaceX's IPO for a special moment—during the rare planetary alignment in mid-June coinciding with his birthday, as the rocket manufacturer seeks to choose an auspicious day for the largest IPO in history. According to the Financial Times, insiders revealed that SpaceX plans to raise up to $50 billion, with a valuation of approximately $1.5 trillion, which would break the $29 billion IPO record set by Saudi Aramco in 2019. This timing choice highlights Musk's personal imprint on SpaceX. According to five insiders, the company is targeting a mid-June listing, when Jupiter and Venus will have their first close conjunction in over three years. From June 8 to 9, the two planets will be slightly more than 1 degree apart in the sky, equivalent to the width of a thumb when the arm is fully extended. A few days later, Mercury will also align diagonally with these two planets. Another timing consideration is Musk's birthday—June 28. The billionaire has previously showcased his personal style in business decisions, including joking on Twitter in 2018 about taking Tesla private at $420 per share, a price many interpreted as a nod to the cannabis culture day on April 20. However, some bankers and investors believe the June timeline is too tight. SpaceX still needs to file an S-1 form with the U.S. Securities and Exchange Commission and arrange a global roadshow to promote the stock. In the context of Trump frequently threatening tariffs and attempting to influence Federal Reserve interest rate policies, market conditions and sentiment are more unpredictable than ever. Preparations for the Largest IPO in History Underway SpaceX has appointed Bank of America, Goldman Sachs, JP Morgan, and Morgan Stanley as lead underwriters for this significant transaction. Insiders stated that CFO Bret Johnsen has been holding talks and video conferences with existing private investors since mid-December last year to discuss the possibility of a mid-2026 listing. Insiders cautioned that all data is still in preliminary stages and may change. However, if the plan proceeds as scheduled, it would far exceed the IPO fundraising record held by Saudi Aramco. The issuance is expected to attract significant demand from institutional and retail investors, who have previously been unable to access the company's stock as SpaceX chose to remain private. In December last year, SpaceX negotiated a private equity sale at an $800 billion valuation, more than double its previous valuation of nearly $400 billion. Musk's Decision-Making Style Reemerges Insiders revealed that Musk's motivation for pushing the IPO is the company's need for more funds to develop the Starship rocket system aimed at reaching Mars. SpaceX has informed investors that it is developing technology to deploy data centers in space—connected through its network of 9,400 Starlink satellites—Musk believes this is crucial for his corporate group to compete with rivals like Google and OpenAI in the field of artificial intelligence. This strategy underscores Musk's ambition for the integration of his business empire. Last year, SpaceX invested $2 billion in xAI, another private company owned by Musk. In March of last year, Musk merged xAI with the social media platform X This billionaire also expressed hope that his electric vehicle manufacturer Tesla would invest in xAI. This IPO timeline once again reflects Musk's style of integrating personal beliefs and priorities into significant corporate decisions. At SpaceX, many major decisions, from ambitious production targets to unconventional management practices, reflect the personal will of this billionaire. This month, after a dispute on social media with Ryanair regarding its aircraft purchase of Starlink internet services, Musk threatened to acquire the low-cost airline and replace CEO Michael O'Leary with a person named Ryan. This semi-joking statement has become a hallmark of Musk's style