Musk's Spacex Eyes Record Wall Street Debut

According to company documents, SpaceX aims to go public on the Nasdaq exchange in June 2026, with analysts valuing the company between $1.5 trillion and $1.75 trillion.

The company is expected to raise up to $80 billion through the offering, a move that could significantly increase Musk's wealth and potentially make him the world's first trillionaire.

SpaceX has become one of the leading companies in the global space industry through its rocket launches, satellite programs and the Starlink satellite internet network, which now represents a major source of revenue.

Despite rapid growth, financial reports show the company continues to face heavy costs linked to investments in artificial intelligence, advanced space infrastructure and future technology projects.

SpaceX has played a central role in the commercial space industry, carrying astronauts and cargo for NASA while expanding private satellite and launch services worldwide.

The planned listing comes as competition intensifies in the technology and AI sectors, with major firms increasing investments in space-based communications, data systems and artificial intelligence infrastructure.

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