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While excitement builds across financial markets for Elon Musk’s SpaceX to be launched as a public company, many Analysts are indicating that the company may achieve the largest initial public offering (IPO) in history. SpaceX is based in Texas and has changed how the aerospace industry operates through its use of reusable rockets and satellite internet; it is expected to list on Nasdaq under the ticker “SPCX” early in June of 2018.

Analysts speculate that the IPO will raise more than $80 billion, which would put SpaceX’s valuation at between $1.75 trillion and $2 trillion. If the IPO is successful, it would break all previous records by far, breaking the record for Saudi Aramco in 2019 ($25.6 billion) by more than $50 billion, and would move Musk, who is already the world’s richest person, into the trillionaire listing.

SpaceX was created in 2002 but has evolved beyond what it did in its early years — the early years were only about supplying NASA with cargo to the International Space Station — and has created and operated Starlink, a global internet access program, and has purchased xAI while still working toward its overall goal of creating a self-sustaining city on Mars and allowing humanity to be able to live on other planets. The company’s efforts with the Starship program continue to be aggressively tested and have recently gained worldwide attention.

All available financial disclosures indicate that SpaceX has experienced great growth but continues to have some significant challenges. For the year ending in December of 2025, SpaceX will report $18.6 billion in revenues, up from $14 billion in revenues for the previous fiscal year, but will post a net loss for the company of $4.9 billion. SpaceX has continued to invest a large amount of money into technology and acquisitions, which has had a major impact on the company’s overall financial results.

Musk is expected to retain extraordinary control post-IPO, holding approximately 85% of voting rights through a dual-class share structure. While this has raised governance concerns among some investors, enthusiasm remains high among those betting on the future of commercial spaceflight.

Wall Street heavyweights, including Goldman Sachs, Morgan Stanley, and JPMorgan,n are underwriting the deal. For global markets, the SpaceX IPO represents more than a stock offering — it is a referendum on the commercial viability of space exploration in the 21st century.