SpaceX is reportedly preparing for what would be the largest initial public offering in history. The company plans to list on the Nasdaq as early as next month, with a target valuation between $1.75 trillion and $1.8 trillion. To put that in perspective, Saudi Aramco’s 2019 IPO raised $29 billion. SpaceX is reportedly aiming to raise up to $75 billion.
The company’s valuation has skyrocketed from roughly $350 billion in May 2025 to approximately $1.25 trillion by February 2026. A successful listing at the higher end could fast-track SpaceX's inclusion in the Nasdaq-100 index, triggering automatic buying from trillions in passive funds.
Dogecoin, the memecoin Elon Musk has championed, tends to move on Musk-adjacent news. The SpaceX IPO represents the single biggest Musk-related financial event in years, potentially boosting speculative interest in DOGE and other tokens tied to the Musk ecosystem.
SpaceX generates revenue from its launch services division, powered by Falcon 9 and Starship, and its Starlink satellite internet division, which is growing faster, especially among enterprise and government clients.
It's important to note that no SEC filing for a SpaceX IPO has been publicly confirmed. The timeline remains fluid until official paperwork appears.