Elon Musk’s SpaceX has filed for an initial public offering. The company’s IPO is expected to become the largest in Wall Street history.
Goldman Sachs will serve as the lead underwriter for the offering. Following SpaceX’s merger with the xAI startup in February 2026, the combined company was valued at roughly $1.25 trillion.
Market estimates suggest Elon Musk’s controlling stake in the merged entity could exceed $600 billion.
In 2025, Musk became the first person in history whose net worth surpassed $500 billion. A potential SpaceX IPO could increase his fortune even further and move the entrepreneur closer to becoming the world’s first trillionaire.