Fez – Elon Musk’s SpaceX is aiming for a valuation of $1.75 trillion as it prepares for its highly anticipated stock market debut next week, a move that could make it one of the world’s most valuable companies.
In a filing submitted to the US Securities and Exchange Commission, the aerospace company proposed a share price of $135, significantly higher than market expectations and well above its estimated valuation of $1.25 trillion earlier this year.
If investors accept the proposed price, SpaceX would immediately join the ranks of the world’s most valuable publicly traded firms.
The company is expected to begin trading on the Nasdaq on June 12 and hopes to raise $75 billion through the offering, potentially making it the largest initial public offering (IPO) ever recorded.
While companies usually reveal pricing details shortly before they start trading, SpaceX announced its proposed share price more than a week in advance, an unusually early move that has attracted attention across financial markets.
The final share price, however, will depend on investor demand and could change before trading begins.
The planned listing could also increase Musk’s wealth, who controls more than 80% of the company.
If SpaceX achieves its targeted valuation and continues to grow, analysts say Musk could move closer to becoming the world’s first trillionaire.
Despite investor enthusiasm, some market observers have raised questions about the company’s valuation.
According to equity market analysts, SpaceX is currently valued at a much higher ratio of revenue than many of the largest technology companies, including Amazon, Apple, Microsoft, and Tesla.
Supporters argue that investors are betting on SpaceX’s future growth rather than its current financial performance.
The company generated $18.6 billion in revenue last year but reported a net loss of $4.9 billion.
During the first quarter of 2026, revenue reached $4.7 billion, while losses totaled $4.3 billion.
Beyond rocket launches and space exploration, SpaceX has expanded into several fast-growing sectors, including satellite internet, artificial intelligence, and data infrastructure.
Earlier this year, the company acquired xAI, Musk’s AI venture behind the Grok chatbot.
Musk has repeatedly argued that future AI development will require vast amounts of energy and computing power, leading SpaceX to explore ambitious projects ranging from AI satellites to data centers in orbit and eventually on the Moon.
For investors, the appeal lies not only in SpaceX’s current operations but also in its broad vision for the future.
The stock market debut is expected to be one of the biggest financial events of the year, drawing close attention from investors and the wider tech industry.
