Elon Musk's company SpaceX has filed for an initial public offering (IPO), which could become the largest in the history of the U.S. stock market. Goldman Sachs is expected to lead the offering.
Following its planned merger with AI startup xAI in February 2026, SpaceX was valued at approximately $1.25 trillion, making it one of the most valuable private technology companies in the world.
Elon Musk’s controlling stake in SpaceX could be worth over $600 billion. In 2025, his net worth had already exceeded $500 billion, making him the richest person in history. A potential IPO could further increase his wealth and bring him closer to becoming the world’s first trillionaire.
If it goes through, the SpaceX offering could become a record-breaking IPO on Wall Street and one of the largest financial exits by a tech company in market history.
Earlier, the American aerospace corporation SpaceX announced a major partnership with the startup Cursor, which specializes in developing AI for programmers.