StocksHigh ImpactUpdated×2Originally published 22 May 2026Updated 22 May 2026
2 min read

SpaceX Files for Historic IPO Targeting $1.75 Trillion Valuation

Elon Musk portrait with a SpaceX rocket, financial charts, and text regarding a $1.75 trillion valuation.

Key Facts

1SpaceX has officially filed its S-1 form for an initial public offering, providing a rare look at its finances and ambitions.
2The company's valuation is estimated at $1.75 trillion, with a revenue target of $18.7 billion for 2025.
3Goldman Sachs secured the lead position for the IPO, while Morgan Stanley will act as stabilization agent and handle retail allocation.

SpaceX has officially filed its S-1 registration statement for an initial public offering, providing a rare and detailed look at its financial health and long-term strategic goals. The company is seeking a valuation of approximately $1.75 trillion, supported by a revenue target of $18.7 billion for the 2025 fiscal year. Goldman Sachs has been appointed as the lead underwriter, with Morgan Stanley serving as the stabilization agent and managing retail share allocation.

The filing comes amid a surge in investor interest for space and AI infrastructure, as SpaceX aims to raise up to $75 billion to fund its capital-intensive Starship program. For context, SpaceX's target valuation dwarfs industry peers like Boeing, which currently holds a market capitalization of approximately $110 billion per market data. This move leverages the growing profitability of Starlink, which analysts at Bloomberg previously noted has seen year-over-year revenue growth exceeding 80%.

Traders are closely monitoring the Destiny Tech100 Inc. (DXYZ) fund for indirect exposure, which closed at $28.40 (close May 21, 2026). Looking ahead, market participants will eye upcoming US retail sales and industrial production data from the economic calendar to gauge broader investor sentiment as the company prepares to allocate 30% of the offering to retail participants.