SpaceX Chases a $2 Trillion Valuation With IPO: Texas Brief

May 21, 2026, 12:03 PM UTC

SpaceX Files for Biggest-Ever IPO

Elon Musk’s SpaceX filed publicly for its initial public offering, moving the Texas-based rocket, satellite, and artificial intelligence company a step closer to delivering the world’s biggest-ever debut.

The largest private company (led by the world’s richest person) is targeting as much as $75 billion in its listing at a valuation of more than $2 trillion, people familiar with the matter have said—a deal that would eclipse the $29.4 billion IPO record set by Saudi Aramco in 2019. The offering has triggered an intense Wall Street battle to lead the deal, with Goldman Sachs ...

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