SpaceX is on the cusp of an historic shift, moving from a private company to a public one. Reports indicate an IPO filing is just days away, with advisers anticipating it could become the largest stock market debut in history, potentially surpassing Saudi Aramco’s 2019 offering. This public listing has been rumored for years, with a potential valuation reaching north of $1.75 trillion, up from around $1.25 trillion previously.

The company’s rapid growth, largely fueled by its Starlink satellite internet service, has bolstered investor confidence. Starlink now serves millions globally and generates substantial revenue, while successful Starship test flights and a brisk pace of Falcon launches add to its appeal.

Elon Musk has often hinted at a public offering but emphasized the need to maintain focus on operations. Insiders suggest Musk aims for a significant portion of shares—reportedly over 20 percent—to be allocated to retail investors, alongside stricter lock-up periods to prevent early selling. A potential public listing in June would grant SpaceX access to public capital markets at a time when interest in space-related ventures is high. It would also allow early employees and long-term investors to realize their stakes, giving everyday shareholders a chance to own a part of the company advancing reusable rockets, global internet access, and major NASA contracts. While the exact timing could still shift due to market conditions or regulatory reviews, the latest word from The Information suggests the moment is drawing near, setting the stage for what many are calling the IPO of the decade.