SpaceX Files Initial Paperwork to Sell Shares to the Public

The offering could value the company as high as $1.5 trillion.

SpaceX Files Initial Paperwork to Sell Shares to the Public
Photo of Elon Musk at the annual meeting of the World Economic Forum in Davos, Switzerland on Jan. 22, 2026 by Markus Schreiber/AP

April 1, 2026 — Elon Musk's space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that would likely rank as the biggest ever and could make its founder the world's first trillionaire.

A SpaceX IPO promises to be one of the biggest Wall Street events of the year, with several investment banks lining up to help raise tens of billions to fund Musk's ambitions to set up a base on the moon, put datacenters the size of several football fields in orbit and possibly one day send a man to Mars.

The sources spoke on condition of anonymity because they were not authorized to talk publicly about the confidential registration with the Securities and Exchange Commission.

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