$2 trillion talk for a rocket company that still loses money and runs on one guys tweets is straight up crazy town. This smells like 2021 all over again.

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Everyone’s gonna chase this IPO like crack and end up as the exit liquidity for the insiders.

SpaceX has confidentially filed for its IPO in April 2026 targeting a June listing with a valuation between $1.75 and $2 trillion.

SpaceX just took a major step forward: according to Bloomberg, Reuters, CNBC and others, the company has confidentially filed its S-1 with the SEC in early April 2026.

Target listing: early June 2026 (roadshow expected early June).
Target valuation: between $1.75 trillion and over $2 trillion which would make it very likely the largest IPO of all time, surpassing Saudi Aramco.

A PreSpax token was even launched following the momentum via B!tget IPO, which generated a lot of interest. I think it’s worth watching the next move.

Key points :

  • Starlink has become highly profitable and is driving the majority of cash flow.
  • Recent merger with xAI (space + AI synergy).
  • Starship advancing through testing (Moon/Mars goals).
  • Extremely high valuation multiples (50-100x estimated revenues).

In summary: SpaceX is experiencing rapid growth thanks to Starlink generating massive cash flow, while Starship is preparing the next revolution (large-scale launches, crewed missions to the Moon and Mars). The 2026 IPO is set to be a major event in the markets.

What are the biggest risks in your opinion? (execution on Starship, regulatory issues, Elon dependency, competition…)