New York, 23 January 2026 – Space Exploration Technologies Corp (SpaceX) is preparing one of the most anticipated initial public offerings (IPOs in recent history, engaging four major Wall Street investment banks to lead the deal amid expectations of a record-setting valuation. The move positions SpaceX on the cusp of a potentially transformative public listing that could reshape tech and aerospace capital markets.
The rocket maker is lining up Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley as joint global coordinators and lead underwriters for the IPO, according to industry tracking and market reports. These banks are among the most influential in global capital markets and are expected to manage underwriting, distribution and regulatory compliance for what could become one of the largest equity offerings ever.
SpaceX’s IPO plans reflect its rapid rise from a private aerospace venture to a dominant global space technology player. Founded by Elon Musk, the company has driven down launch costs with reusable rockets and expanded into broadband with its Starlink satellite constellation, helping to diversify revenue beyond launch services. As of early 2026, SpaceX’s valuation on secondary markets is estimated to be near $800 billion, and the IPO could attract tens of billions in proceeds, potentially surpassing the previous record set by Saudi Aramco’s $29 billion listing in 2019.
IPO proceeds are expected to provide liquidity for early investors and employees while fuelling further growth in next-generation technologies, including the development of the Starship super-heavy launch system and expansion of global Starlink broadband services. Market participants also view the potential listing as a catalyst for renewed investor interest in capital-intensive sectors, including space technology, advanced communications infrastructure and long-duration engineering ventures.
Analysts say the engagement of four leading banks boosts market confidence in the offering’s scale and execution strategy, while increasing the likelihood of broad institutional and retail participation once public filings are released. However, the final timing, pricing and share allocation for the IPO remain subject to regulatory approvals and market conditions, particularly in light of recent volatility in technology and capital markets.
The SpaceX IPO is widely seen as a pivotal moment for the private-to-public transition of major tech and aerospace companies, demonstrating how capital markets are adapting to the rise of frontier industries with long-term growth prospects.
