SpaceX has taken a major step toward going public, a move that could make it one of the biggest stock market debuts in history and bring Elon Musk closer to becoming the world’s first trillionaire. According to reports from Asharq Al-Awsat and other outlets, the company has signaled plans to offer shares to the public in the United States, opening the door to a stock market listing after years of staying private.
The offering, if it goes ahead, would be aimed at raising huge sums of money for SpaceX’s next phase of growth. Those plans include expanding the company’s Starlink satellite internet network, as well as funding Musk’s broader space ambitions, including work tied to NASA and long-term goals such as a permanent presence on the Moon and eventual crewed missions to Mars. Wall Street estimates cited in earlier reporting suggest the deal could value SpaceX at well above $1 trillion, with some analysts putting the figure as high as $1.5 trillion.
That scale would put SpaceX in rare company. It would easily outstrip the record-setting Saudi Aramco listing in 2019, which raised $25.6 billion, and could make SpaceX the largest IPO in history by valuation and possibly by funds raised. The company has also been linked to major investment banks, a sign that it is preparing for the complex regulatory and marketing process that precedes a public offering.
For Musk, the stakes are not only corporate but personal. SpaceX is one of his most valuable holdings, and a successful public debut could significantly increase the paper value of his stake. Reports have said that Musk already ranks as the world’s richest person, and a sharply higher valuation for SpaceX would strengthen speculation that he could become the first person to reach a trillion-dollar fortune.
The move would also matter well beyond Musk and his company. SpaceX has become central to launch services, satellite broadband and NASA missions, making it one of the most important private players in the global space industry. A public listing would give investors direct access to a company that has long been one of the most closely watched and least accessible names in advanced technology and aerospace.
Even so, the company’s path to the market is still unfolding. A filing would begin a regulatory review process before any sale of shares, and details such as timing, pricing and final valuation could still change. For now, the reports mark the clearest sign yet that SpaceX is preparing to cross from private powerhouse to public market giant.