SpaceX is reportedly laying the groundwork for what could become the largest IPO in history, with major Wall Street banks now in discussions around a future public offering. While no official timeline has been confirmed, the move signals that Elon Musk’s rocket company is getting serious about accessing public markets after years of rapid growth, soaring private valuations, and expanding commercial dominance.
If SpaceX goes public near its current valuation range, the offering could surpass landmark IPOs like Saudi Aramco and Alibaba. For investors, this is not just a space story. It is a broadband story through Starlink, a defense and national security story through government contracts, and a deep tech infrastructure story built on reusable rockets and launch monopolies.
The involvement of top-tier banks suggests serious institutional demand is already forming. When SpaceX eventually lists, it will not be treated like a typical tech IPO. It will be positioned as a once-in-a-generation infrastructure asset entering public markets.
If executed well, this could reshape how public investors gain exposure to the space economy.