The world's richest person Elon Musk is eyeing a historic landmark in the stock market. His rocket and satellite maker company SpaceX is going for an IPO soon, with an aim to raise $75 billion, at a valuation of roughly $1.75 trillion.
If this happens, SpaceX would script history with this record breaking IPO.1
Here are all the details of SpaceX’s upcoming IPO and stock market listing.
Billionaire Elon Musk's SpaceX is aiming to get listed on NASDAQ as early as on June 12th 2026, and has picked Goldman Sachs to lead the much coveted left position in the IPO, followed by Morgan Stanley, and then Bank of America, Citigroup and JPMorgan Chase.2,3
For the unversed, the left and right positions in the IPO refer to the hierarchical arrangement of investment banks and merchant bankers.
It determines their level of authority, workload, and financial compensation. They are arrayed from left to right in order of importance in the IPO.
| Bank / Position | Role in SpaceX IPO | What it means |
| Goldman Sachs | Left lead / lead-left bank | Main banker, responsible for leading the IPO process and handling the biggest share of the work. |
| Morgan Stanley | Lead bank | Supports the lead-left bank and helps manage the IPO execution. |
| Bank of America | Syndicate bank | Assists in investor outreach and IPO support tasks. |
| Citigroup | Syndicate bank | Helps with share distribution and institutional marketing. |
| JPMorgan Chase | Syndicate bank | Supports the syndicate and investor roadshow activities. |
The right position is typically for the IPO’s co-managers/co-leads. They assist the lead-left bank (Goldman Sachs in SpaceX’s case) in tasks like selling the shares to institutional investors. But they do not have control over the main decision-making or IPO’s deal structuring.4
Also Read: How Companies List Without IPOs
SpaceX is eyeing a mammoth valuation of $1.75 trillion ahead of its IPO in June. The IPO-bound firm of Elon Musk had posted a revenue of $15 billion $16 billion in 2025, and about $8 billion in profit.5
A key aspect behind these huge numbers for SpaceX is its fast-growing and profitable Starlink satellite network. SpaceX’s Starlink service is not only profitable but also accounts for roughly 50%- 80% of SpaceX’s entire revenue.
And this is even before many of SpaceX’s other key projects have not yet been realized, such as the delayed Starship rocket program for Mars and Moon missions, along with the plan to launch a megaconstellation of up to 1 million data-centre satellites.6
SpaceX's much anticipated stock market debut comes at ?a time when the US stock market is rebounding after struggling amid volatility ?fueled by U.S. tariff policy and geopolitical uncertainty. NASDAQ is already up more than 10% this year till date (as on 20th May 2026).7
SpaceX was earlier planning to get listed by June end, around the time of its founder and CEO Elon Musk’s birthday (28th June).
But it is now eyeing a quicker timeline, by aiming for a roadshow launch around June 4th and listing by June 12th, under the ticker ‘SPCX’. This expected listing of SpaceX on NASDAQ also comes at a time when AI heavyweights like Anthropic and OpenAI are expected to go public this year.
Currently, Elon Musk only has one of his companies listed on the stock market-Tesla. His other major ventures, including SpaceX,The Boring Company, Neuralink, X (formerly Twitter) and xAI are privately held till now.
SpaceX will soon become Musk’s second company to go public. Earlier, during Tesla’s listing in 2010 on NASDAQ, Goldman Sachs had led that offering too, along with Deutsche Bank, Morgan Stanley, and JPMorgan.8
While the world awaits SpaceX to launch the biggest ever IPO yet, here are the 10 biggest IPOs currently:
S.no. | Name of Company | IPO Year | Capital Raised From IPO |
1 | Saudi Aramco | 2019 | $25.6 billion |
2 | Alibaba | 2014 | $21.8 billion |
3 | SoftBank | 2018 | $21.3 billion |
4 | NTT Mobile Communication Network | 1998 | $18.1 billion |
5 | Visa | 2008 | $17.4 billion |
6 | AIA Group | 2010 | $17.8 billion |
7 | Enel SpA | 1999 | $16.4 billion |
8 | Meta | 2012 | $16 billion |
9 | General Motors | 2010 | $15.8 billion |
10 | ICBC | 2006 | $14 billion |
Sourced from: Investopedia,9
Also Read: World's First IPO
SpaceX’s expected IPO could mark one of the most closely watched listings in market history, not just because of its scale, but because it reflects investor appetite for high-growth sectors like aerospace, satellite technology, and AI-linked infrastructure.
If the listing goes through at the expected valuation, it may reshape conversations around private market giants entering public markets. For investors, however, valuation, timing, and long-term business sustainability will matter more than hype alone.
At Grip Invest, we believe smart investing starts with understanding opportunities, risks, and where they fit within your broader financial goals.
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Author: Grip Invest Editorial Team The Grip Invest Editorial Team is a group of Chartered Accountants, MBA (Finance) graduates, and Qualified Research Analysts dedicated to helping you invest smarter. We dive deep into India's fixed income landscape to deliver content that is accurate, up-to-date, and easy to understand. Whether you're exploring bonds, fixed deposits, or other fixed income opportunities, our guides cut through the noise and give you the clarity to make better financial decisions. |
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