Overview
- Multiple reports citing the Financial Times say the timing is pegged to a June Jupiter–Venus conjunction near Elon Musk’s birthday.
- If executed at the indicated size, the deal would top Saudi Aramco’s $29 billion offering as the largest IPO on record.
- Chief financial officer Bret Johnsen has been sounding out existing investors since December regarding a mid‑2026 float.
- SpaceX is lining up Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley for lead roles, according to the reports.
- Proceeds are expected to support Starship development, further scale Starlink, and advance plans for orbital data centers tied to AI.