SpaceX's monster IPO is unlike anything we've seen
By Dan Primack
Published on March 30, 2026.
SpaceX is set to launch the largest IPO of all time, aiming to raise around $75 billion at a $1.75 trillion valuation, surpassing all U.S. listings in 2024 and 2025. The company is also aiming to become the first company to go public at a valuation of $1 trillion or more, with hopes of being worth more than Walmart, Exxon Mobil or Meta. SpaceX CEO Elon Musk is reportedly reserving up to 30% of the offering for individual investors, three times the norm. The IPO could impact the future of OpenAI and Anthropic later this year. However, it is unclear if SpaceX's future plans will be successful.
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