
SpaceX has confidentially filed for a $1.75 trillion IPO with 21 banks, including Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley, as lead underwriters. But behind that headline, there is something retail investors in the pre-IPO market must know.
SpaceX has confidentially filed IPO registration documents with the U.S. Securities and Exchange Commission (SEC), with a valuation target of $1.75 trillion while aiming to raise up to $75 billion on Nasdaq as early as June 2026. This could make it the largest initial public offering in history, surpassing Saudi Aramco, which raised approximately $29.4 billion in its initial offering. The Elon Musk-owned rocket company has assembled a syndicate of at least 21 banks under a deal internally dubbed "Project Apex."