Synopsis
SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, The Information reported on Tuesday, citing a person with direct knowledge of the plans.
SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, The Information reported on Tuesday, citing a person with direct knowledge of the plans.
Advisers involved in the preparation expect the Elon Musk-led company could attempt to raise more than $75 billion in what would likely be one of the largest IPOs in history, according to the report. The individual investor allocation could exceed 20%, although the final structure is still being determined.
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Reuters could not immediately verify the report, and SpaceX did not respond to a request for comment.
The potential listing comes at a time of surging investor enthusiasm for the space sector, driven by falling launch costs, expanding satellite networks and growing interest in data center infrastructure in orbit.
Shares of companies including Rocket Lab, Planet Labs and AST SpaceMobile were up between 3% and 4% in premarket trading on Wednesday. Tesla's stock was up about 1.7% before the bell.
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A SpaceX listing could pull in Tesla's retail investor base alongside traditional space investors, unlocking a new wave of capital into next-generation aerospace and space infrastructure companies.
SpaceX, founded in 2002, is the largest private space company in the United States and conducts more launches annually than any other company globally, making it a bellwether for the commercial space industry.
Its reusable Falcon 9 rockets and Starship program have reshaped launch economics, while its Starlink satellite network has become a dominant force in space-based broadband.
The company's IPO ambitions are also tied to its longer-term vision of building orbital infrastructure, including data centers in space, a concept gaining traction as demand for AI computing grows.
SpaceX acquired Musk's xAI last month in a transaction that valued SpaceX at $1 trillion, and xAI at $250 billion, according to a person familiar with the matter.
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