# Elon Musk's SpaceX confidentially filed its IPO paperwork with the U.S.

*business · news · 2026-04-09 · Barchart*

## Key points

- SpaceX confidentially filed for an IPO targeting a $1.75 trillion valuation, the largest ever.
- SpaceX plans to allocate up to 30% of IPO shares to retail investors globally, an unprecedented move.
- The February 2026 merger with xAI combined Starlink's cash flow with xAI's AI capabilities.
- IPO proceeds will fund rapid Starship rocket development, aiming for lunar cargo flights by 2028.
- SpaceX has filed to launch up to one million satellites to build orbital data centers powered by solar energy.

**Companies:** SpaceX, Alibaba
**Countries:** United States, United Kingdom, European Union, Australia, Canada, Japan, South Korea

[Read the full story on Barchart](https://www.barchart.com/story/news/1223296/dear-future-spacex-stock-investors-mark-your-calendars-for-june-11)

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