SpaceX is targeting to raise $75 billion at a $1.75 trillion valuation, aiming to be the largest IPO ever in terms of capital raised.

SpaceX has $16 billion in revenue with $8 billion in profits and is projected to IPO at 90 to 110 times revenues.

Scott Galloway predicts that when SpaceX goes public, investor money will shift from Tesla to SpaceX, causing Tesla's valuation to drop to about a fifth of its current level.

On May 20th, 2026, SpaceX released its IPO prospectus, with the IPO itself scheduled for June 2026.