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Wed, 01 Apr 2026

Wed, 01 Apr 2026 Elon Musk's SpaceX moves to become a publicly traded company

The company’s public stock debut is set to be one of the most valuable in history, and could make Musk the world's first trillionaire.

* SpaceX, Elon Musk's private rocket manufacturer, has filed a confidential IPO with the US SEC.
* The company is expected to raise $50bn or more when it goes public, valuing it at over $1tn (£751bn).
* This would make SpaceX one of the most valuable publicly traded companies in the world and put Musk on track to become the first trillionaire.
* The company's recent acquisition of xAI and its integration with Tesla suggests a desire to consolidate costs and share resources between subsidiaries.
* Going public will allow SpaceX to raise funds for its ambitious plans, including expanding its Starlink satellite network and developing Terafab, a massive chipmaking endeavour.