Published on 6/8/2026
SpaceX, owned by American billionaire Elon Musk, is preparing to offer part of its shares for public subscription, in a process expected to be the largest in the history of financial markets if it proceeds according to circulated estimates.
The report prepared by Manal Bouali for Al Jazeera indicates that this step highlights one of the most influential private companies in the world, which has transformed within a few years from an ambitious space exploration project into a technical empire that includes missile launch programs, satellite communications services, and global Internet networks.
The public offering means offering part of the company’s ownership for sale to investors for the first time, allowing the public to buy shares in it and participate in its ownership. According to circulating data, SpaceX set an initial price of $135 per share, in an offering that could raise about $75 billion, and raise the company’s market value to approximately $1.75 trillion.
If this scenario is achieved, the company will register a new name in the history of global markets, surpassing many of the giant IPOs witnessed in recent decades, and becoming the owner of the largest initial public offering ever.
The position that SpaceX has reached is based on its successive successes in the space sector, as it is behind the development and operation of the Falcon rockets and the Starship spacecraft, and it also manages the Starlink network that provides Internet services via thousands of satellites spread in orbit, a project that has become one of the most prominent sources of revenue and growth for the company.
Commercial space bets
The interest in this proposal is not limited only to the huge financial numbers, but is also linked to the increasing bets on the future of the commercial space economy. Investors rushing towards the company view it as a major player in a sector that some studies expect will be worth about $1.8 trillion over the next ten years, driven by the expansion of satellite communications services, satellite launches and commercial spaceflights.
The company’s supporters believe that SpaceX has already succeeded in bringing about a radical transformation in the space industry, after reducing launch costs and expanding the use of space technology, which makes the high valuations a reflection of its leadership position and future growth opportunities.
On the other hand, skeptics raise questions about the realism of these huge numbers, considering that the bulk of the company’s current profits come from the “Starlink” network, while other more ambitious projects – most notably “Starship” – still require huge investments and have not yet proven their ability to achieve financial returns on the scale of announced expectations.
Some analysts also point out that the company’s target value far exceeds the estimates of a number of independent research and analytical bodies, which opens the door to questions about the sustainability of this evaluation in the long term, and whether it reflects real economic strength or whether it benefits from the media momentum surrounding Elon Musk and his companies.
Between optimism about the birth of a new financial giant and doubts about inflated valuations, the upcoming SpaceX IPO remains an exceptional event that global markets are closely following, not only because it may break records, but because it represents a real test of the extent of investors’ belief that space has become one of the biggest bets of the global economy in the coming decades.
