Why SpaceX’s $75 billion IPO matters: Size, stakes and market impact

That may now be changing. SpaceX is reportedly preparing for a public listing that could raise about $75 billion and value the company at up to $2 trillion. There is no official confirmation yet.

The scale is significant. In 2025, 216 IPOs in the US raised $45.5 billion, while globally 1,293 IPOs raised $171.8 billion, according to EY. A single offering of this size would account for a substantial share of annual fundraising.

Second, positioning. SpaceX has evolved beyond a launch provider. Its Starlink satellite network has made it a global internet company with millions of users across dozens of countries. With the integration of its AI arm xAI and social media platform X (formerly Twitter), it now spans rockets, connectivity, data and AI.

Analysts have warned that such a deal could absorb a large share of investor capital and attention, particularly in a year expected to see increased activity in AI and technology listings. OpenAI, Anthropic, Stripe and Databricks are widely expected to approach public markets.

Radhika P Nair

Radhika P Nair is National Editor at Mint, bringing two decades of journalistic rigour to the newsroom. Since joining Mint in September 2025, she has specialised in crafting high-impact analytical narratives for Mint Long Story, focusing on startups, consumer brands, technology, the internet economy and travel.A veteran of India’s digital evolution, Radhika has tracked the country’s startup ecosystem for over 15 years. She has reported on the rise of pioneers such as Flipkart, Zomato, Freshworks and Paytm from their nascent stages. Her career is defined by marquee reportage, including breaking the news of Flipkart’s historic $1-billion fundraise in 2014, then the largest by an Indian startup.Before Mint, Radhika was Editorial Head at YourStory Media and contributed to leading publications including The Economic Times, NDTV Profit and Outlook Traveller. Her work is characterised by a human-focused, data-driven approach that seeks to understand shifting consumer behaviour with accuracy and depth. She is a two-time recipient of the Best Story of the Year award at The Economic Times. Notably, her Mint Long Story on Kochi’s water metro was cited in the 2026 Economic Survey of the Government of India.Radhika holds a Master’s degree in Journalism, where she secured the first rank, and is a university gold medallist in Economics. Based in Chennai, she is an avid traveller who finds joy in a well-cooked meal and is rediscovering her passion for fiction.