SpaceX has reportedly submitted a confidential draft application to the U.S. Securities and Exchange Commission (SEC) for an initial public offering, according to sources cited by Bloomberg. The space exploration company founded by tech billionaire Elon Musk could potentially go public as early as June 2026, which would make it the first in what could become a trio of massive IPOs ahead of AI companies OpenAI and Anthropic.
According to the reports from Swedish newspapers Sydsvenskan and Helsingborgs Dagblad, SpaceX could be valued at more than $1.75 trillion (approximately 16,435 billion Swedish kronor) during its public offering. The confidential draft filing allows SpaceX to receive feedback from the SEC and make adjustments before the application becomes public.
The potential IPO would mark a significant milestone for the private space company, which has been at the forefront of commercial space exploration and satellite deployment. Elon Musk remains a major shareholder in the company he founded. The reported timeline suggests SpaceX could be the first of several major technology companies to go public in what appears to be a wave of high-profile IPOs planned for mid-2026.