SpaceX plans retail-heavy IPO aiming for $75 billion and $1.75 trillion valuation

SpaceX outlined details of its highly ​anticipated IPO at a meeting with ‌its team of bankers Monday night, telling ​them it plans to ⁠earmark a large portion of shares for retail investors and will host 1,500 of ‌them at an event in June following the IPO roadshow launch, ‌according to two people familiar with ‌the ⁠matter.

"Retail is going to be ⁠a critical part of this and a bigger part than any IPO in history," Chief ​Financial Officer ‌Bret Johnsen said during the virtual meeting, the two people said, asking not to be identified because the discussion ‌was private.

Johnsen said the large ​retail component is by design as "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 recognize that."

Reuters reported last month that SpaceX is rewriting the IPO playbook with a large retail portion in the offering.

The meeting brought ‌together the full syndicate for the first time ​as part of the process for what is expected to ⁠be the biggest initial public offering ever as ⁠the rocket maker seeks to raise $75 billion, valuing SpaceX at ‌as much as $1.75 trillion, Reuters has previously reported.

Published on April 7, 2026