- SpaceX is preparing a historic joint IPO with xAI that could file this week, with a market debut targeted for June 2026.
- The IPO could raise up to $75 billion and target a valuation exceeding $1.75 trillion, placing it among the world’s five largest companies.
- Proceeds are aimed at funding Starship launches, space-based AI data centers, and a lunar base, accelerating Elon Musk‘s strategy in the AI race.
- The transaction would be the largest tie-up within Musk‘s portfolio, though plans remain subject to change ahead of a confidential filing.
Elon Musk’s aerospace giant, SpaceX, is reportedly preparing a colossal joint initial public offering (IPO) with his Artificial Intelligence firm, xAI, that could file as soon as this week for a market debut in June 2026. According to sources, this move targets an unprecedented fundraising goal of $75 billion to fuel Musk’s most ambitious interplanetary and technological visions.
SpaceX and xAI are jointly filing to combine forces in the escalating battle for AI supremacy against giants like Google, Meta, and OpenAI. The capital would specifically fund what Musk describes as an “insane flight rate” for the Starship rocket, artificial intelligence data centers in space, and establishing a base on the moon. Consequently, this IPO represents the largest strategic merger within Musk’s vast business empire, bringing together two companies whose private market valuations have been soaring.
People familiar with the matter suggest SpaceX could seek a valuation exceeding $1.75 trillion in the public markets. At that staggering figure, the company would be larger than all but five S&P 500 constituents, including NVIDIA Corp., Apple Inc., and Musk’s own Tesla Inc.. However, preparations for a confidential filing are still ongoing, and the company could still decide to alter its plan entirely.
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A representative for SpaceX did not immediately respond to a request for comment on the speculative reports. The individual investor allocation in the offering could exceed 20%, though the final structure remains undetermined, per sources close to the company.
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