Elon Musk signals possible public future for SpaceX

A rocket stock like no other

You’ve probably heard Elon Musk’s name a million times. But this time, his rocket company, SpaceX, just filed to sell shares to the public. That means regular people might soon own a piece of the action.

SpaceX is already worth over $1 trillion privately. Once it goes public, experts say it could break every record for the biggest stock market debut in history.

Meet the first trillionaire?

SpaceX isn’t just any company. It builds rockets, runs Starlink satellites, and now owns an AI business called xAI. Musk owns about 42% of SpaceX, and that stake alone could push him past $1 trillion.

He’s already the richest person on Earth. After the IPO, he’ll likely become the world’s first trillionaire. That’s a thousand billion dollars.

The hidden cash machine

SpaceX makes most of its money from Starlink. That’s the network of satellites beaming internet down to even the most remote corners of the planet. It’s become a cash machine for the company.

Starlink already has millions of paying customers. That steady income helps fund Musk’s wilder ideas, like flying to Mars. Without Starlink, the IPO story would look very different.

Grok is coming along for the ride

Earlier this year, SpaceX swallowed up Musk’s AI startup, xAI. That brought along Grok, a chatbot that’s supposed to be edgier than ChatGPT. Now Grok lives under SpaceX’s roof.

Why does that matter? It means SpaceX is no longer just a space company. It’s also an AI play. Investors who love artificial intelligence now have another reason to get excited.

Crushing every IPO record

SpaceX is reportedly aiming to raise as much as $75 billion in an IPO that would eclipse Saudi Aramco’s 2019 $29.4 billion listing and rank as the largest public offering ever. It would also be far larger than Alibaba’s 2014 U.S. debut and Visa’s 2008 IPO.

The offering would give SpaceX a huge new source of capital as it expands Starlink, develops Starship, and integrates xAI into its broader business. With the prospectus still not public, the company has not yet formally detailed how the IPO proceeds would be allocated.

Nasa and government ties

SpaceX is a major contractor for NASA and the U.S. military, with billions of dollars in government business and a central role in national security launches and NASA’s Artemis program. Reuters reported in 2025 that SpaceX President Gwynne Shotwell said the company had about $22 billion in government contracts.

SpaceX is also developing the Starship Human Landing System for future Artemis moon missions. Those government-backed partnerships help make the company look more established than a typical early-stage startup.

Tesla robots meet space rockets

Musk is tying his companies together. Tesla has already invested over $2 billion into xAI. Now, Tesla plans to build robots that use Grok’s brainpower. And SpaceX will help with a new chip factory called Terafab.

So the same AI that chats with you might one day control a factory robot or help guide a rocket. That cross-company teamwork is a big selling point for investors.

Data centers in outer space

Musk has long said he wants SpaceX to help build a self-sustaining civilization beyond Earth, and the company says its long-term goal is to make life multiplanetary. SpaceX and xAI have also outlined plans for solar-powered AI data centers in space.

The company has described space-based computing as part of its future strategy alongside Starlink, Starship, and off-world settlement goals. Those projects remain early-stage, but they are now part of SpaceX’s public story as it heads toward an IPO.

Little-known fact: In fiscal year 2024 alone, SpaceX secured $3.8 billion in federal contracts, most of it from NASA and the Pentagon.

Elon Musk keeps the steering wheel

When SpaceX goes public, Musk is expected to try to preserve strong control over the company. Reuters reported in February that SpaceX was considering a dual-class share structure that could give insiders extra voting power.

That setup would let public investors buy in while still leaving Musk with outsized influence over major decisions. The company’s final voting structure has not yet been publicly confirmed.

Too many hats or pure genius?

Wall Street is buzzing. Everyone wants a piece of SpaceX. But some analysts worry that Musk already runs too many companies: Tesla, SpaceX, X, Neuralink, and The Boring Company. That’s a lot of plates to spin.

Still, SpaceX is more mature than its other ventures. It’s profitable, has real revenue, and leads the space industry. For many investors, that’s worth the gamble.

Circle this date, June 2026

SpaceX is targeting an early June 2026 roadshow for its IPO after filing confidentially with the SEC, according to Reuters. The company is expected to publish its prospectus in late May, with a large retail-investor event planned for June 11.

Next up: company executives will hit the road to pitch big investors. Those roadshows will decide the final price. If all goes well, shares could start trading by midsummer.

Little-known fact: The timing is reportedly tied to a planetary alignment around Musk’s birthday on June 28, when Jupiter and Venus are expected to appear close together in the sky.

You could finally buy in

Once SpaceX goes public, you might be able to buy shares through your regular brokerage app. That’s exciting because private investors have been locked out for years. Now, anyone with a few dollars can join the ride.

Of course, no stock is a sure thing. But SpaceX going public is a big deal. It shows that space, satellites, and AI are no longer futuristic bets. They’re today’s business.

Want more on how the tech world is shifting right now? Take a look at the growing clash between OpenAI and Elon Musk.

History’s first trillion-dollar man

If the IPO hits the expected $1.75 trillion valuation, Musk’s 42% stake alone would be worth over $730 billion. Add his Tesla holdings and other assets, and he easily crosses the trillion-dollar line.

That would make him the first person in history to reach that milestone. Not bad for a guy who started SpaceX with his own money back in 2002, just wanting to make rockets that could fly more than once.

Curious what Musk thinks about the future of money beyond this milestone? Take a look at his take on retirement savings.

If you enjoyed this rocket ride through SpaceX’s big IPO news, hit that like and drop a comment below. What would you do with a piece of Elon’s trillion-dollar company?

This slideshow was made with AI assistance and human editing.

Don’t forget to follow us for more exclusive content on MSN.

Read More From This Brand:

• Break these bad tech habits before 2026
• 2026 set to be AI monetization year, says Wedbush analyst
• Samsung plans to start US 2nm chip manufacturing by 2026