SpaceX plans a historic IPO with heavy retail investor participation, aiming for a $1.75 trillion valuation and reshaping traditional public offerings., Markets, Times Now

Elon Musk’s SpaceX Moves Closer To IPO, Sets June Timeline For Roadshow

SpaceX is reportedly planning to file IPO soon. (File Photo)

SpaceX is reportedly preparing its IPO draft norms as it moves closer to what could become the largest public offering ever. In a recent virtual discussion with its banking partners, the company revealed plans to significantly expand participation from everyday investors, an approach rarely seen at this scale. According to a Reuters report citing sources familiar with the matter, the aerospace giant intends to reserve a substantial chunk of shares for retail buyers.

Elon Musk is also planning a large-scale investor event in June, expected to host around 1,500 individual investors shortly after the IPO roadshow begins, the report said. During the meeting, Chief Financial Officer Bret Johnsen stressed the importance of individual investors in the company’s public debut. "Retail is going to be a critical part of this and a bigger part than any IPO in history," he said.

He further explained the reasoning behind this approach, noting: "Those are folks that have been incredibly supportive of us and of Elon (Musk) for a long time, and we want to make sure that we recognise that." This marks a notable shift from conventional IPO structures, where institutional investors typically dominate allocations.

Inside The Roadshow And Investor Plans

The company is targeting the week of June 8 to kick off its IPO roadshow, during which executives and bankers will present the investment case to potential stakeholders, as per the report. Ahead of that, roughly 125 analysts from 21 participating banks are expected to meet with SpaceX leadership.

Shortly after the roadshow begins, the firm plans to host a major retail-focused event on June 11, as per the report. The opportunity to participate will not be limited to the United States, investors from regions including the UK, Europe, Australia, Canada, Japan, and South Korea are also expected to gain access.

According to the report one senior underwriter involved in the deal reportedly described the anticipated demand as something the market has "never seen before."

Record-Breaking Valuation And Market Impact

SpaceX is aiming to raise approximately $75 billion, which could value the company at up to $1.75 trillion. This would represent a sharp increase from its earlier valuation benchmarks, including the $800 billion figure from a December 2025 tender offer and the $1.25 trillion combined valuation following its merger with xAI earlier this year.

Unlike most IPOs, where retail investors typically receive only 5 per cent to 10 per cent of shares, SpaceX is considering allocating as much as 30 per cent to individuals, signalling a dramatic shift in how public offerings could be structured going forward.

Major financial institutions, including Morgan Stanley, Bank of America, Citigroup, JP Morgan, and Goldman Sachs, are leading the offering, supported by a broader group of banks across global markets.

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