Elon Musk’s SpaceX readies for Wall Street blastoff with new filing projecting $28.5 trillion in future revenue
Elon Musk's SpaceX is preparing for a historic IPO, projected to be valued at around $1.5 trillion. The company has filed paperwork indicating potential future revenues of $28.5 trillion, primarily from AI and satellite services. SpaceX aims to debut on the Nasdaq on June 12, with expectations of raising approximately $80 billion.
- ▪SpaceX filed for an IPO with a projected valuation of $1.5 trillion, the largest in history.
- ▪The company anticipates future revenues of $28.5 trillion, with significant contributions from AI and Starlink.
- ▪SpaceX is expected to debut on the Nasdaq on June 12, aiming to raise around $80 billion.
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Business Elon Musk’s SpaceX readies for Wall Street blastoff with new filing projecting $28.5 trillion in future revenue By Marc Vartabedian Published May 20, 2026, 6:47 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Elon Musk’s SpaceX on Wednesday filed paperwork to go public next month, aiming for an out-of-this-world valuation projected around $1.5 trillion – the biggest IPO in history. The filing for the initial public offering included mind-boggling projections for how SpaceX — which owns artificial intelligence company xAI, satellite-internet business Starlink and social media platform X — will make money.
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