SpaceX IPO June 12: Musk Targets $1.8 Trillion Valuation

SpaceX is preparing to go public on June 12, 2026, seeking to raise approximately $75 billion at a $1.8 trillion valuation. Investor demand has reportedly reached $150 billion, making this the largest IPO in market history. Elon Musk’s stake in the company could push his personal wealth to $1.1 trillion, positioning him to become the world’s first trillionaire.

Record-Breaking Valuation and Investor Demand

SpaceX is targeting a $1.8 trillion valuation, larger than all but six companies in the S&P 500 and bigger than Musk’s own Tesla. Investor demand has reached approximately $150 billion, according to Reuters. The company is seeking to raise about $75 billion through the offering. This valuation reflects SpaceX’s expansion beyond rockets into satellite internet through Starlink and artificial intelligence infrastructure.

Why S&P 500 Entry Will Wait Until 2028

SpaceX will not immediately join the S&P 500 despite its size. The S&P Dow Jones Indices committee declined to remove a rule requiring companies to generate positive net income for the past year, including the most recent quarter. Evercore ISI analysts expect SpaceX to reach profitability on an annual basis in 2027, meaning entry could occur in 2028. However, Nasdaq and FTSE Russell adopted faster rules, allowing SpaceX entry in 15 and 5 trading days respectively.

Musk’s Path to Trillionaire Status

Musk’s net worth is projected to reach $1.1 trillion after the SpaceX IPO, making him the world’s first trillionaire. His compensation last year totaled $132.3 billion, 153 times higher than the second-highest paid CEO. With SpaceX currently valued at $1.25 trillion, Musk’s majority stake alone could be worth more than $600 billion. His wealth is concentrated in paper shares of Tesla and SpaceX rather than cash.

Global Access and Profitability Concerns

Qualified investors in the UAE, Saudi Arabia, and Qatar may access the offering, though allocations are not guaranteed. Investors in China and Hong Kong have been barred from participating. SpaceX does not expect to be profitable soon, and the company’s ambitious valuation reflects its growth potential in satellite internet and AI infrastructure rather than current earnings. The offering begins trading June 12.

Final Thoughts

SpaceX’s $1.8 trillion IPO on June 12 will make Musk the world’s first trillionaire with a projected net worth of $1.1 trillion. However, the company’s lack of profitability means S&P 500 entry is delayed until 2028, limiting immediate index demand.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.