TheBadPlaceObserver | The Biggest Winners From SpaceX’s Record $1.75T IPO by Georgia Fearn
Elon Musk speaking at the World Economic Forum in Davos against a blue backdrop." width="970" height="647" data-caption='Even as SpaceX goes public, Elon Musk is setting terms to retain tight control over his vast space-tech empire. <span class="lazyload media-credit">Fabrice Coffrini / AFP via Getty Images</span>'>
Elon Musk and a circle of institutional and elite individual investors are set for enormous gains as SpaceX has confidentially filed with the SEC to go public, multiple news outlets reported yesterday (April 1). The IPO, expected as early as June, could value SpaceX at over $1.75 trillion and raise as much as $50 billion, giving early backers and Musk himself a spectacular payday.
Musk, who founded SpaceX in 2002 and still owns about 42 percent of the company, would see his stake valued at around $735 billion at the projected IPO price, expanding his lead as the world’s richest man. The company is reportedly considering a dual-class share structure to secure Musk’s control even as it opens the door to public investors.
SpaceX has reportedly lined up a formidable roster of 21 banks, led by Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America and Citigroup, to run its books. An additional 16 banks will take on smaller roles.
Read more: https://observer.com/2026/04/spacex-ipo-elon-musk-investor-gain/
