SpaceX Files for Nasdaq IPO, Targeting $80 Billion at Over $1.5 Trillion Valuation
Updated
Updated · CoinDesk · May 20
SpaceX Files for Nasdaq IPO, Targeting $80 Billion at Over $1.5 Trillion Valuation
8 articles · Updated · CoinDesk · May 20
SpaceX filed to list on Nasdaq under ticker SPCX, formally launching an IPO that could raise $80 billion or more and eclipse Saudi Aramco’s $26 billion record.
Goldman Sachs is leading the offering, with Morgan Stanley and Bank of America among the underwriters, after banks were lined up in reports a day earlier.
The filing points to a valuation above $1.5 trillion, up from the roughly $1.25 trillion level cited earlier this year after Elon Musk’s merger of SpaceX with xAI.
SpaceX also disclosed holdings of 18,712 bitcoin worth $1.293 billion as of March 31, versus a $661 million cost basis; with bitcoin up more than 10% since quarter-end, that stake is now near $1.45 billion.
Is SpaceX's IPO a visionary leap into an AI future or a historic gamble on one man's absolute corporate control?
Will SpaceX's record IPO launch a new tech boom, or will its sheer size drain the life out of the market?
SpaceX is preparing for a landmark IPO at a time when the broader market is rebounding from recent volatility caused by tariff policies and geopolitical uncertainties. This public debut is expected to attract significant investor attention, as many are eager to join the growing space economy. While the exact size and timing of the IPO are still being finalized, investors are closely watching for official updates. A unique aspect of this offering is SpaceX’s substantial bitcoin holdings, which add a new dimension to its public profile and may appeal to a wider range of investors.