SpaceX's IPO, expected in June on the Nasdaq under the ticker symbol "SPCX," could rewrite the rules of global wealth. The space company is aiming for a valuation exceeding $2 trillion and intends to raise up to $75 billion in this offering, which would make it by far the largest IPO in history, surpassing the record held by Saudi Aramco since 2019.
The financial mechanics are staggering. Musk owns approximately 42 to 44% of the merged entity SpaceX-xAI. If the company is valued at $2 trillion, his stake alone would be worth around $850 billion. Adding his 11% stake in Tesla, his 304 million stock options, and his shares in Neuralink and The Boring Company, his total fortune would exceed $1 trillion, a threshold no individual has ever crossed in human history.
An empire that now extends to low Earth orbit
The funds raised would be used primarily to finance data centers dedicated to artificial intelligence in space, as well as missions to the Moon and Mars. SpaceX's Chief Financial Officer, Bret Johnsen, has been in discussions with private investors since December 2025 to prepare for this transition to public markets.
However, some nuances are necessary. The wealth displayed on paper and the wealth actually available are two distinct realities: Musk's fortune remains largely composed of illiquid holdings, subject to market fluctuations. His current fortune is already estimated at between $667 billion according to Bloomberg and $798 billion according to Forbes, placing the entrepreneur far ahead of any other competitor.
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