# SpaceX plans to raise $75 billion in an initial public offering by July.

*business · news · 2026-04-08 · The Sunday Times*

## Key points

- SpaceX plans to raise $75 billion in its IPO by July, targeting a $1.75 trillion valuation.
- Up to 30% of SpaceX IPO shares will be allocated to retail investors, an unprecedented proportion.
- Index compilers may alter rules to include SpaceX in major indices, boosting demand from tracker funds.
- Investment banks advising SpaceX reportedly had to subscribe to Musk's Grok AI chatbot as a hiring condition.
- SpaceX's IPO valuation is 219 times 2025 profits, far exceeding typical S&P 500 multiples.

**Companies:** SpaceX, JP Morgan, Morgan Stanley, Goldman Sachs, Bank of America, Citigroup
**Countries:** United States, United Kingdom

[Read the full story on The Sunday Times](https://www.thetimes.com/business/economics/article/three-reasons-for-concern-about-flotation-spacex-xtc2kvm8m)

---

Canonical: https://newsio.io/n/d46de115-b766-440e-9311-678a813ae968/spacex-plans-to-raise-75-billion-in-an-initial-public-offering-by-july
Summarized by Newsio from The Sunday Times. https://newsio.io/how-it-works