tech
Elon Musk's SpaceX files confidential initial public offering
Updated on: April 1, 2026 / 3:30 PM EDT / CBS News
TL;DR
- SpaceX has confidentially filed for an IPO with the SEC.
- A listing is potentially expected in June.
- The IPO could be the largest stock market debut ever.
- SpaceX might seek up to $75 billion.
- The company's valuation could reach $1.5 trillion.
- Funds could support scaling space operations, building data centers in space, and expanding Starlink.
- Going public may lead to more defense contract opportunities.
- SpaceX is developing a human landing system for NASA's Artemis program.
- SpaceX acquired Musk's AI company, xAI, in February 2026, boosting its valuation.
- Tesla's IPO in 2010 and its performance are seen as a potential test case for SpaceX.
- Wedbush Securities analyst Dan Ives predicts a potential merger between SpaceX and Tesla in 2027.